Skye Penland
Two complicated questions...
Hello Fellow Investors,
So my wife and I own three properties. Two are LTR and one STR. Our STR is in downtown Dallas and is preforming very well. One of our LTR is in Plano Texas and cash flows $250 a month. Here i...
Charles Goodwin
First Rental Complications
Hey Everyone!
Earlier this year (April) I bought a duplex for $49k with a short term interest only loan. The main reason I went for it was because I knew the rent more than covered the monthly payment and my mortgage...
Joel Johnson
Complicated Tax Questions
Alright so I am going to do my best to describe my thinking as best I can here and hoping someone can give me some thoughts and maybe even improve on the idea.I want to purchase a property from my wife's parents using...
Rob Saunders
1031 Exchange complication
Hi, looking at doing a 1031 exchange; property being sold will net $545k; capital gain will be around $150k and I will end up with around $320k in cash. Let's say I find one replacement property for $320k that I buy ...
Shweta Sharma
1031 exchange complications
I could not live or rent my apartment for 5 years due to mold issue caused by the building. Building finally resolved and remediated it this year and now i am selling the property. Can it still qualify for 1031 becaus...
Jeremiah O
Advice on a complicated situation (at least complicated to me)
Hi all,
My wife and I purchased a home 7 years ago (at the high point of our market). We still owe more on the home than it is worth. We are considering moving and I am trying to analyze each option. My 2 ...
Michael S.
Complicated Deal, need strategies!
My mother in law wants to buy a new house, i own 2 SFRs and would love to possibly partner with my in-laws (we have good relationship lol) with their old house to rent it out, and split the profit. or somehow get this...
N/A N/A
very complicated foreclosure situation
Hi -- help!
I am the holder of a third trust which is going to foreclosure auction this week (initiated by the holder of the first). Here are the factors:
(1) house probably not worth much more than the first note a...
Ross Miller
Complicated bed bug situation
Here's the situation: I have a very old 5 unit building consisting of 3 floors in the front and 2 floors in a back section that was added on at some point. My issues are concerning the 2nd floor units in both front a...
Staci B.
Complicated NJ eviction question
I have a complicated situation here and I'm looking for some advice. My mother owned a home in New Jersey, and had a man (long time on and off boyfriend) staying with her. He was very abusive and she would often have ...