I have a contract in a condo unit in Florida and just learned that there was a special assessment of about $5k per unit that will be charged in 20 months effective June 1st. We would close about a week after this date...
I'm trying to understand what the big deal is? As I understand it, you save capital gains on $250k for single, $500k for married when you sell the house you lived in so long as you lived in 2 of the previous 5 years....
Hello BP,
Tax season is here and I was wondering if anyone knows a CPA down here in Miami that not only specializes in real estate but that is also a real estate investor himself or herself.
I already met with a grea...
I own and reside in a one-bedroom unit in a multi-family condo building. We homeowners are paying a monthly special assessment (through 2024) for a construction loan (facade upgrades, waterproofing, etc.). If I were t...
I've seen post on here previously regarding Move-in Specials. I do not manage a single complex. All of my properties are single family homes ranging in price and I'm finding it difficult to set a standard for a move-i...
I'm interested in discovering resources that will help me discover who the mortgagee is on a 2nd mortgage note/lien on a specific property. I know it was originated through GMAC in 2005. The owner filed bankruptcy i...
Hello all!
First of all, I have to thank all of you so much for the massive amounts of wisdom I have recieved from this forum.
That said, I have set out to truly start my RE investing practice (we do already have ...
I want to bid on a couple of properties on auction.com but without the expense of running title before bidding as I feel they may not meet the reserve. The preliminary title report provided by auction.com looks ok but...
(Previously posted on a different forum but it fits better here)I want to bid on a couple of properties on auction.com but without the expense of running title before bidding as I feel they may not meet the reserve. T...
Hi all.I’m planning on doing a 1031 exchange where I sell a rental property in CA and purchase one in Oregon or Washington (Portland or Vancouver). At the same time, if someone can also do my normal (W-2) taxes along ...