If I purchase 6 single family homes with a commercial loan, what are the pitfalls if I decide to sell one individual house while keeping the rest as rentals.
I purchased 26 acres of vacant hunting/forest land in northern WI 6 months ago. The property is divided into a 6 acre parcel and a 20 acre parcel, and I plan to sell the 6 acre parcel first. Lets say I purchased the e...
My wife and I are putting together a business plan for a real estate business, mainly rentals, but may do a few flips, who knows where it will take us.Her brother and possibly her other brother is interested in a join...
We just had our first tenats on the second floor and we live on the first floor. We put it a second mail box. Do we need to change our address for Apt #1 and #2 ?
I'm in an LLC with 1 other partner. We own several SFR and 2 apartments. My partner wants to retire. I want to buy out his shares of the apartments while maintaining the relationship in the SFR. Can this be accompl...
Does anyone had experience in Mentone/Redlands Ca? I bought a property with a single family home, with a private driveway, and its own back yard. Also on this parcel , is a 5-plex. I'm looking to divide the parcel, se...
I just closed on a 2-flat that I'll be living in and renting out the second unit. I'm tracking all of my receipts currently and trying to categorize them as well as I can. I've read IRS pub 527 a few times and I'm won...
I've got a property that has two houses built on one lot in Tullahoma TN. Its apparently been that way since the 40s. I've asked the city about subdividing into to lots and they said its a no go. It would require 4 va...
Hello members,We got a house almost 10 years ago with a big lot. The house is leaning towards one side of the land, so we are currently working with the city to have the lot sub-divide, and have a new build on the ot...
I have been told that sub-metering this building is not a possibility (without spending ALOT of money to redo the plumbing). Currently, we divide the water bill among all the units every 6 months and bill the tenants....