I am looking at a condo in Hawaii, it's leasehold with less than 30 years on lease so not suitable for 1031
It can be converted to Fee Simple but 1031 company saying I cannot have that fee included as a line item at ...
When financing or even when buying cash.Has anyone master a way to shop and get the best deal for settlement services?According to RESPA rules (Real Estate Settlement Procedures Act) we are free to select what ever se...
I'm looking for some collective wisdom to chime in with their own experience on this. I want to give my rehab crew all they need to get the job done but want to protect myself by ensuring the final draw is large enoug...
so i have a question on taxes. I searched the answers in the discussions but couldnt find the answers im looking for. So hopefully one of you all can help me. So basically i have an s corp and llc. Filing with the ...
My neighbor knows that I am a young investor, and I asked him to contact me first if he decided to sell. Well he's selling, and it's a pretty good deal. Anyway, I think I can make it even sweeter for both of us by sav...
What is the order of events that I have to do as a flipper with the participation of wholesaler and hard money lender? And is what I wrote down below right or not?
1. Get Pre-Approval from Hard Money Lender.
2. Fi...
My wife and I are looking to invest in a multifamily building on the north side of Chicago. We'll go from renting, to being landlords in an owner-occupied 3 unit building. Our real estate agent recommended someone at ...
Building Strong Relationships: The Key to Property Management Success
In property management, success isn’t just about managing properties—it’s about managing relationships. At the heart of effective property manag...
Hey there everybody. I'm interested in hearing some opinions on different methods of tapping equity to acquire investment property.I purchased my primary residence in 2011 with 20% down and a 30-year fixed mortgage at...
Scenario: I have 3 properties managed by on property manager. I receive one 1099 for all properties at the end of the year. I am using a CPA to do my taxes. How should the tax return capture each property separate...