Felipe Ocampo
New to 1031 Exchange
I am currently selling a rental property(just signed the offer) that I have had for about 6 years and just realized that the capital gains will probably be pretty steep so I may want to do a 1031 exchange. I originall...
Andrew Cooper
Insurance for Roommate-Tenants in Owner-occupied SFH Washington D
Hi all- I currently own an owner-occupied SFH rowhouse in Washington, D.C. I rent out two rooms to tenants and live in the basement (which is shared with the rest of the house I.E. kitchen, living room, W/D). I had no...
William K.
Very peppered lien History. What winner has to paid for?
I was at an auction recently, and a property I was interested in had a pretty peppered lien history. Here goes the my best description of the situation:First, I did a lien search by myself and found it to be very com...
Patrick H.
Home Loan Document signing
I was obtaining a pre-qualification for a home loan, and was asked to sign the: Rate Lock Agreement, Disclosure Notices, Servicing Disclosure Statement, Right to Receive Copy of Appraisal, Appraisal Delivery Timing W...
Kevin Kroll
Selling Personally Owned Investment Property to LLC
I have been working with a partner to purchase multiple SFRs through an LLC which we co-own, to be financed under a single commercial umbrella loan.Basic structure being a 90/10 split on initial cash contributions; I ...
Cole Soreano
Sale of a house effecting Medicare benefits
Please HelpIs there a real estate lawyer on here that could give me some guidance. I'm not looking for a free service and willing to pay for even a phone consult. Specifically dealing with Washington stateI'm am curre...
Alejandro Bautista
How to Proceed LLC/SCorp
I have a duplex that I lease out, and recently got married where my wife and I are over 150k (salaries combined). Trying to figure out how to proceed I have an SCorp already that was just created, I will have to see i...
Allan Mugu
First investment - deal or no deal?
My wife and I are contemplating on whether we should proceed with a contract we have on a house that would be our first investment rental property. Would love to know other investors thoughts on whether they would pro...
Mike Spence
Bowling alley? Like for Like, mixed use?
Hi, had posted this as a reply but better suited as it's own I think. Hoping someone is up for the intellectual challenge of this situation...I'd like to sell my 2 unit residential duplex (in my name) and 1031 into a ...
Sean S.
Roof Warranty Issues
Hi Guys,I recently purchased a property. A tree fell on the roof in 2018 and it was replaced via an insurance claim. The seller used a public insurance adjuster who hired and oversaw the replacement. It came with a 10...