Hello, looking for some solutions to a problem. My Mother has MS, which is the reason I moved my family to be close to her to help care for her. My Father passed away in 2003, so she is alone. The problem is that she ...
Hello, my father is selling a ranch that he owns for 4 million and looking to downsize and purchase a lake property for about 1 million. So, this is putting him in the position to have to look at the possibility of do...
Not sure if this is a 1031 exchange question or better suited for another forum:If I sell a rental property and, in turn, use the profits from that sale to pay a GC to rehab a 4-unit property I purchased in February a...
The laws haven't changed since 1997- and your personal home 'tax exemption' may be over the limits, due to years of appreciation in the real estate market. I found this excellent article this morning- folks in high-ap...
I just got my first rental property, the mortgage is under personal (myself). I then started an LLC to do property management on it.I plan to use this LLC as a landlord to do contracts with tenants and collect rents,...
Hello All, I am pretty much completely new to the 1031 field, but am asking this to get some ideas for a landlord that is looking to sell of 7 duplexes but is concerned over his potential tax liability. I want to buy ...
How important is it to have a PM that understands what's important to you as an owner? Soon to have over 10+ doors and the search continues, please help if you know of one in the Cleveland area.
I want to make taxes start working in my favor ASAP.
Thanks
It looks like the REITS were badly beaten up last week on the stock market. Apparently the fiscal cliff and proposed tax reform will have an impact on real estate going into 2013. Does anyone have any feedback of th...
I am currently in a situation where I am trying to help a seller who accepted my offer with a 1031 Exchange. Unfortunately he was informed that because the property he wants to exchange is owned by his in-laws he wil...