Over the past 6 months I have been on a serious hunt to purchase income producing parking lots & structures across several markets. Three offers made so far but no deals. I just wanted to share some of my thought...
Im looking into selling my duplex and using the 1031 Exchange to purchase a property that brings in greater cash flow. DetailsMortgage - $350,000Appraisal - $550,000With this information I could roll the $200,000 "pro...
I've recently found a property that will more than likely be going into auction next month that is worth over $100,000+
Lake Drive Virginia Beach, Virginia 23464 (Tax Map ID No. 146643179800) Default having been mad...
I am closing (selling) my first flip on Tuesday. I purchased the SC property though a NC based LLC. The closing attorney sent me a SC Transferor Affidavit Tax Lien Inapplicable form to fill out, for which I must eithe...
I am planning to purchase my Personal Residence in California under single member LLC and rent it to my self. Since I can not deduct my local tax from my tax return more then $10,000/ year. Any recommendation?
Coming up on the first full year of owning a note in my SDIRA and I received a notice stating that Each year, the Internal Revenue Service requires Fair Market Values be provided for assets in your Camaplan Self-Direc...
I received a property from my parent as a gift. The quick claim deed was for $10 or $100 and my parent bought this property for $130,000 a few years prior. I use this property as a primary residence and to rent out on...
Hello everyone,I have a C-corp in the state of Ohio, at the advice of a real estate 'guru' At the moment, I am JVing on a long-term property in Pittsburgh. Is it worthwhile to hold the property in my C-corp? At the mo...
Greetings BP. I have recently purchased a legal duplex with the following set up: One unit is a self-contained 1 bedroom unit and the other is a 7 bedroom/2 bathroom unit. Total of 8 bedrooms.Firstly, in the city w...
Hi everyone, I've personally lived in a house for 2 of the last 5 years. So I qualify for the home tax exclusion.But I'd like to keep the house. It's a great SFR in an A/B area that cash flows.Can I, as a person, sell...