Tax Question (two scenarios) - Question builds so please read all three bullet points and provide feedback:
1) Capital Gain – seller purchases a property for 40K. 20 years later property is fully depreciated and se...
does anyone know of a good or better alternative than rent-o-meter for working on finding rental prices for deals you analyse
Hi Everyone,I had a question (actually two) for anyone & everyone on this forum - How much do you guys spend on List Source / Alternate List Brokers in a year? How much do you spend on skip tracing (if your lists ...
Tax issue. I have a property I paid cash for years ago, say 100K. I have a buyer now at 200k. Am I only concerned with deferring tax on the 100k profit. I was told that in a 1031 closing, they escrow all the money w...
We are closing on our first two rental properties next week and we are preparing to screen potential renters. The previous owner has the properties ready to rent for section 8. He actually has a renter lined up for ...
Hi - new to RE investing (buy-and-hold) and looking into purchasing our second rental. We hold our current SFR in an LLC. It doesn't seem very efficient to form a separate LLC for each property. In CA, series LLCs are...
I recently tried to take a mortgage out on a condo that I own free and clear. The bank did not allow it because 28 of 40 units in the condo association were rented out and not owner occupied (I rent mine out as well)....
Is anyone aware of any reasonable alternatives to FEMA flood insurance. Our experience has been that we cannot shop for flood insurance because it all provided by FEMA and has the same premiums no matter what insurer ...
I was rejected from pay near me for being a little guy (2 properties). I received a very nicely worded email stating that they were not accepting clients of that size, and they recommend I check out appfolio, their pr...
Hello Everyone,
I have a property i purchased way back in 2012 that is in Florida. It's had a decent run for me with good cash flows but I'm looking at making some moves here in California where I own the rest of my ...