Looking for an attractive and competitive interest rates for commercial real estate loans in TX. Any recommendations ? Please let me know i will DM you.
Thanks ! Appreciate your guidance.
I am looking for tax advice if I sell a property from one of my LLC’s to another LLC that I own. WIth this sale, it would show $150k loss and I wanted to know if this loss could be deducted on my taxes. Looking for an...
We are purchasing a home and plan to rent it out for 6 months while we draw plans, apply for permits, etc.The construction/renovation will take another 6 months, so we will have property for over a year.Does this move...
Hello everybody, I currently have a SFH rental property in Washington State with about $250K in equity. I am wanting to sell this property to pay off my current personal residence. I understand capital gains tax wil...
My Dad is 75. He lives in a home with a reverse mortgage. His home is valued at $300,000 and the payout on the reverse mortgage is $120,000. I would like to pull some of the equity, give him some money, make some upd...
I am an investor in upstate NY and I am wondering if anyone has a source for calculating the closing costs in NY. I guess NY is a different state in how we calculate the real tax prorations. Our property taxes come ...
Hello BP,I live in a market (Boston) where the hype is high. Prices are sky rocketing, priced are too high and the tycoons are taking up every sq ft for complexes and condos. I mean everywhere. There is major opportun...
I recently ran into this question with my remote multi-family property so want to see whether people have any thoughts or what should be normal practice.I hired a local 3rd party property management company to help me...
Considering selling a CA residential building lot, which is now maybe worth much more than I paid for it years ago.
I would be doing it via a 1031.
I'm not sure how to ask the question so pardon my stumbling here:
The...
Hey All, Did some research in the forums but could not find an exact answer to this one, hoping someone out there can help: What are the tax implications for the seller who owns a SFR outright and seller finances? ...