Mike Warder
Avoiding 1031 deferred taxes with a land-lease condo?
If I 1031 exchanged into a condo on a land-leased property, once the property reverts to the land owner would I have to pay any deferred taxes on the relinquished property sale? Since there would be no sale of the rep...
N/A N/A
Question Concerning a Mechanics Lien on a Cash Job
Concerning a mechanics lein, if the property subject to the lein is a homestead, both spouses must sign the contract for service for the claimant to have grounds to push for a forclosure. In addition, the contract mus...
Jose Jimenez
House with a pool rental
Hello all! I am currently in El Paso, TX. I will be moving in about 1.5 year and would like to buy at least 1 or two more properties before then. I am in the process of trying to locate a single family home right now ...
Ryan Scritchlow
contaminated properties in an IRA
I am looking at setting up a self directed ira to purchase a property that was and is still currently used as a salvage yard. My Ira will be converting it to a mini storage property. Given this has been a salvage yard...
Bienes Raices
Cost effective termite prevention strategy?
I'm trying to find a happy medium. This is for a rental house that doesn't have termites--yet. The termite bonds with annual fees seem like kind of a ripoff, and I don't know if the 50% rule accounts for them or not....
Brendan Chetuck
Knob and tube electrical
Hi all,Looking at a house in the Albany, New York area and had a question. Has anyone ever dealt with knob and tube electrical?I know prices vary from region to region but I would like a rough estimate for how much it...
Matthew Toporowski
3-unit with commercial on ground floor; what's best loan option?
Hey All,
Looking for some advice. I have a 3-unit off market deal. 2 residential units and ground floor commercial. 3,600 total sq. ft. Residential units rent for $1075 each, ground floor pizza shop for $1100 so t...
Pavel Sakurets
How I almost got in jail for being a landlord in Brooklyn Center
I posted an article on my blog, to help other real estate investors not end up being in jailhttp://www.realestateliquidators.com/Blog?category...
Megan McGinty
Invisible Septic Tank
I’m an agent and have a listing under contract. The buyers had their general inspection last Friday and couldn’t find the septic tank anywhere. I sent our contractor out and he also couldn’t find it.
The seller has o...
Austin Gainey
Building vs buying rental properties
Me and a close friend are partnering up and wanting to start our rental portfolio . We are considering two different strategies 1: buying a lot and building a new house that would be a long term rental Or2: buying a...