Gayla Kemp
1031 exchange, tenants in common
Have a house closing under a single member LLC selling for $145,500. We will be doing a 1031 exchange and then taking those proceeds and applying them to a vacation rental cabin investment of $264,000. We are gettin...
Jeanette Gum
Refinance of private loan
We have a private mortgage and wish to refinance but are told that our payments are unverifiable since they go direct to the lender and not through a 3rd party. Is there any place we can get a refi?
William D Schablowsky
TIC Deed between spouses after one does 1031 Exchange
My wife and I are looking to purchase property (vacant land). We are looking at purchasing 80% of the property by doing a 1031 Exchange by selling another parcel of vacant land. We have a buyer for the property we a...
James Merritt
3 listing for 1 property (need help)
We have a property that consist of a house and a guest house. We just got the listings up and running over the last few days. On Airbnb I have both houses as one listing, the main house as one and the guest house as o...
Joyce Ong
Pros and Cons of buying property through LLC and individual
My boyfriend and I are exploring the most efficient way to invest in property. We notice some people purchase it as individual but some rather purchase it through LLC. I find this very interesting as I always thought ...
Kathy Villagomez
Renting to 3 non related individuals
Curious, when you have 3 non related individuals renting a home together, do you have them all apply separately and have separate leases. They are choosing to be roommates and rent the house together. Any information...
M Shah
Student rental investors networking
Looking to network with investors/property managers who understand/invest in student housing or rent by room. Looking for some advice on lease strategy, pros/cons, maintenance etc.
Mike S.
What are the tax reporting for a foreign lender
I have an offer by a non US taxpayer to lend some money to my company.What are the tax requirements on my side:Does the lender needs to obtain an ITIN?Should I issue a 1099-INT for the interest paid on the loan?Do I h...
Kim Tucker
LMLO for Seller Financing
Wanted to get input from other seller financing people and mortgage brokersI know many people who are out there offering properties with Seller Financing and some how getting around all the rules and regulations of Sa...
John Morgan
Rehab/contractor tax question
I got an estimate for a rehab from a contractor for 30k. Since he has a business, do I still need to obtain an unincorporated IC taxpayer ID number and file a 1099-MISC form with the IRS? Or since he has a business, a...