Alex Kreeger
Inherited Tenant Concern
I am interested in purchasing a property that has an active lease in place. Am I required to follow inherited lease? Am I able to get my preferred lease in place? Any other options to consider? Thanks BP
David Stott
Tenants Interest in Purchasing . . claim by Agent?
Owning a property out of state makes it difficult to source prospective tenants during times of turnover, and therefore, I often employ the use of a RE agent to source tenants. When my current tenants executed a ...
Raquel Baranow
Capitalizing legal fees related to realestate lawsuit
Last year I had about $60k in legal fees, which I classified as a business expense. Should I have capitalized the $60k (or a part of the $60k)? I sold the land related to the legal-fees/lawsuit and am now going to hav...
Jamie Psmith
Alabama Tax Lien Auction 2020
Will the new tax lien auction changes taking place in 2020 affect properties listed as sold to the state prior to 2020?
William Hirsch
Buying rental property - Can existing leases be modified?
Hi, this is something that I can't seem to find much information on, and perhaps someone here can help.If you buy a rental property with current tenants under active lease, can you as new owner break/amend the lease a...
Tayo Dare
LLC formation ammendment
I purchase a property by purchasing an LLC last year. The Amendment have ben file and done, but i will like to know how do I obtain an updated article of an organization. When lenders request article of organization i...
Account Closed
Strategies for Home Ownership as a Real Estate Professional - Pay Taxes or Take Write Offs
I have been in a good/bad dilema for some time based on my success as a real estate professional. Since we are growing and taking on new projects, my write offs have steadly increased or at least kept pace with my i...
Zocky Zhang
Sold my house profit tax reporting
Me and my wife bought a house in Philadelphia in 2016 when we were renting a condo in Maryland. We managed to sell the house in 2019, then immediately used part of the proceed as down payment for our new house in Ma...
Randy Gross
Advise with title issues
i found a great deal and i don't want to lose it. upon having a title search done here are the issues:
2008 bank files for foreclose
2011 owner later files for bk (has 2 homes only included 1 home and n...
Brian Caudill
Looking to rezone a parcel that is currently DI (drilling island)
Hey guys, I have a 2.62 acre lot that I’m in the process of purchasing to flip or develop. We opened escrow yesterday and it’s a 60 day with a 45 day inspection. Chicago title showed the zoning as R1 but after further...