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Could someone explain depreciation recapture to me?Here's the specific scenario I'm thinking about. You have a rental property for several years. You are obviously claiming depreciation during that time. You decide...
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Hi,I am reading up on how to form a Real Estate Fund. Since I live in California I was wondering if anyone have experience on here regarding forming a Real Estate Fund or know of anyone that does?
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Hello. I am starting my search into buying a apartment building at some point in the next 6-8 months. i am interested to see what kind of deals are out there from private lenders or any other kind of financing that ca...
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Please only California investors or those with specific knowledge of California laws answer:I have been researching what requirements and laws that exist in California surrounding purchasing homes from owners in "pre-...
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Good morning!Anyone know more about prop 1? It is designed to lower property taxes and prohibit sales tax on all real estate transactions.Other provisions are include with prop 1, does anyone else know?
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Hey guys, I bought a house in South Carolina this year and I was told the value of the house is being re-assessed this year for property taxes. I know there is an ATI exemption that reduces the taxable value by ~25%.A...
I was doing research on the new rent control law that was enacted in California and it appears that Section 8 tenants and units are EXEMPT from the new law. Does anyone have additional information about this? Thank ...
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A friend of mine is buying his home all cash. For the purpose of asset protection (protect against frivolous law suits Ect) -- Should he put it in an LLC?
Because it's not technically ran as a business, would this...
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Hi everyone,A partner and I are in the process of syndicating a $1-1.5MM multi-family apartment deal in Milwaukee, WI. We have 4 accredited investors (plus our own money being put in) so far for a down payment of roug...
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Hello,I recently bought my primary residence located in Houston, TX (Harris county) in February, 2016. I would like to claim this property as my homestead. I have learned that there are two main advantages:1. I can wr...