Mike Y.
IRS Real Estate Professional with small # of units?
My wife and I own a three unit building and occupy one of the units, as well as a separate large undeveloped block of land. She works full-time and I work half time as a consultant. We have passive loss rollovers from...
Account Closed
Apartment syndication refinance and release question
We are part of an apartment syndication in a lender position, not equity position. We received interest for quite awhile with January being the last time we received any. During the course of this, they re-wrote the p...
Will Gaston
Is it possible to 1031 into a Development Project?
All:
Is it possible to 1031 into new construction or a development?
I have a 77k net from a 372k sales price on a property I just sold and wanted to see if it was possible to use that as a portion of monies re...
Erica K.
Looking for inspection advice for multi family home in NYC
Having my inspection on a 3-unit multi family house tomorrow in NYC. Would love any advice on what to look out for from experienced investors! Anything that inspectors sometimes miss and to ask about?
N/A N/A
Due Diligence List ?
Hi,
I'm looking invest in a few apartment buildings. What should be on my due diligence list ? When someone here acquires a property whats on there due diligence list ? Thanks.
Steve
Desiny Smith
50k Rehab Grant - Albany, NY
Per the Vacant Building Rehabilitation Grant buyers of vacant buildings can be granted up to $50,000 towards rehabilitation in Albany, NY. In exchange, half of the units (assuming it is a multi family) must be afforda...
Maher Bateh
capital gains tax?
If I buy and sell houses(flip) as a full time job, do I pay capital gains taxes? I read somewhere if it can be proven as a full time commitment and its the only source of income I make, the capital gains taxes are inc...
Mel Sims
What determines HOA Fees for condos
I’m from a city that has very little to no condos. I was looking at a few condos in Atlanta, and noticed that some I was looking at, their HOA fees were way more than others. What determines the price of an HOA fee fo...
Abraham Kaplan
Religious laws in contracts
I just closed on a purchase of several properties. In the closing documents the lender included a document called Shtar Isko. Below is a description of what that is. It has to do with Jewish law that prohibits chargin...
Henri Meli
Using self directed IRA to purchase Land
Can I use funds from my self directed IRA to purchase a piece of land. I believe I can.Can I build several homes (i.e a subdivision or apartments ) on that land and sell the homes? I'm not a builder, so someone else w...