Can I use a 1031 exchange to sell a rental property, buy another, rent it for a some minimal period of time and then convert it to personal use? What are the implications?
We are looking at purchasing a home and renting it out in an area that we want to live in eventually in the Tahoe area. We have a good apartment in socal in an area close to wife’s parents and looking to have children...
I converted our primary residence into a rental. I bought the house in 2014 for $160,000. I put about $20,000 worth of work into the property. I converted it into a rental in 6/18. How do I calculate my depreciation b...
Hello,
My husband and I are getting ready to search for and hopefully purchase our first property in Charleston, SC. We have been doing lots of research on real estate investing in general but need a little...
Hi - I purchased a multi family with an FHA. I lived in the unit for over a year, and am looking to move and rent out the unit, and finally convert the building under an LLC. My mortgage company doesn't allow this. An...
Hello guys, I have a garage converted to granny unit which needs foundation added in order to bring it into compliance with City of San Jose. It currently has slab foundation, but I think insufficient.Wondering if any...
Planning on doing direct marketing using post cards to open code enforcement address. I have a LOT of address but wanted to poll you guys to see what your Direct Mail-toDeals conversion ratio is. I dont consider respo...
So I'm wondering if there are any wholesalers out there that are also agents and if you get a call on a "I buy houses" ad and the people want too much for their property, how often are you able to "convert" them to a ...
Investment Info:Small multi-family (2-4 units) buy & hold investment in Baltimore. Cash invested: $26,000Gutted 850 sqft flooded basement, installed French drain and 2 sump pumps, turned basement into 1bd/1full...
Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $470,000
Cash invested: $300,000
Convert SFR into SFR/ADU
What made you interested in investing in this type...