Eli Crapper
House Hack Fourplex vs. Renting all Units and Staying in my Current Rental (Canada)
Hi. I am a Canadian first-time home buyer and have just purchased a fourplex. I am trying to decide if I should live in one of these units vs. renting all 4 and continuing to rent at my current house. For context, I a...
Kevin Zwieg
Cashing in IRA's for first deal
I have found my first deal and am ready to write an offer. It's a bank-owned property that needs new carpeting, paint and a good cleaning. I am planning to clean it up and rent/sell it, NOT live in it. I am counting o...
Michael Zuber
What do you think - CA could be Majority Renter State by 2025?
The following Quote stopped me in my tracks and I had to read it a several times.CAR projects that by 2025, California will be a majority renter state. “Home ownership is becoming a luxury item,” Appleton-Young said.I...
Mario Harris
How to wholesales deals with existing mortgages??
Hi,I am a newbie wholesaler and have came across a few leads where the sellers have existing mortgages. Consequently, on all the houses I would offer less than what they owe. Any ways to get around this when negotiati...
John Rossi
1031 Exchange on commercial properties
I purchased 3 office buildings as a package back in 2006. I'm selling them individually and have the first contract. Can anyone tell me generally about the tax consequences. I will be taking my taxes to a tax accou...
Eva Fox
divorces, exchange of QD and tax consecvences
Warm greetings to EverybodyPlease do not tell me I need to talk to CPA.I already have, not much help, I will keep trying.My situation is really a little bit unusual.I decided to crack in pieces, and maybe someone can...
Jesse Ramirez
Help! USDA loan Sub-2 questions
I have a distant cousin who has a subsidized USDA loan on a 3/2 home. The balance on the loan is 70k and the homes current value is around 90k. Her payments are adjusted each year depending on her income. She doesn't ...
Dallas Waldon
Self-Directed IRA for Real Estate Investments
Hello! My current pension plan is being closed and I would like to roll the capital into a self-directed IRA. At first, I planned on investing in stocks. However, I have a "side" business in which I buy and sell vacan...
Jacob Richards
Worst that can happen if you illegally add a bedroom in condo?
Hi guys,What is the worst that can happen if you illegally add a bedroom in condo? e.g. what if the you don't get approval from the HOA first, the HOA prohibits addition of rooms, etc? What are the chances of any cons...
Mary Jay
Are there transfer tax if transfer your property into LLC in AZ?
Hi guys,Is there any tax implications when you transfer a property into an LLC?Did anybody transfer a property into an Arizona LLC? If yes, did you have to pay transfer tax? (In some states it could be 20% of the valu...