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We are about to purchase or 6th property and due to that, our insurance lady is saying we will have to switch to a commercial policy. We are also setting up an LLC currently. Any advice on home insurance and possibl...
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Already the second highest tax jurisdiction in the state they now want to double up taxes on RE investors.All in the investing community should be aware of this corrupt city governmentStory belowhttps://www.heraldmail...
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Hoping to help some newbs avoid some serious banking pain. This is one of many disasters with this bank that I have been involved with. I just spent 30 minutes helping my plumber try and get funds from a job. He depos...
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HelloWe are considering selling our duplex in Chico, CA but are worried about paying capital gains on our property. I know to avoid this, we could do a 1031 exchange, but we are not entirely sure we want to stay in th...
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I saw a couple of online sources that advocated a graduated payment strategy as an alternative to offering a seller a balloon payment in an owner financed deal. The deal has a constant 5% interest rate, but to entice ...
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If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
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Is there a way to transfer ownership of a property out of an LLC that you own 50% into solely your name without paying any transfer taxes?
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Hello investors!I moved to Durham recently and started to looking into markets close to me, so far I have been looking into Fayetteville for a while and it seems to be a great market that you can still find cashflow d...
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Can you "flip" an income property that you don't live in and avoid capital gains? I'm talking about holding a property for the 2 year period that is supposed to make you exempt. :tongue:
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Couldn't find a thread that addressed this very clearly:
Currently live in my Primary Residence in suburb of Atlanta, GA. I'm interested in buying a lake property in N GA Mountains. In order to not put 20% down and...