Hello, I am trying to get an idea for the tax consequences I would face by selling a property that I acquired via 1031 exchange.  Here is the background:*I purchased Property A on Feb 2016 for $109K with cash, rented ...

Hello everyone,I am am having an issue that is starting to worry me on my first deal.  It is a duplex and is being sold by owner.  I have an agent that has helped me with all of the information and the contract and al...

I just bought a 27 unit complex. I am new to complex of this size and looking for recommendation on best practices to manage property of this size. 2 things that i need advice one:1. Late fees: How to avoid that prope...

I have a multi family home. My studios get rented the day they become available. The 1& 2 bedrooms take longer, and generally can't get as good of rate per SQ compared to the studios. The 1 bedroom 2 bathroom can ...

My father and I purchased a property 2 years ago cash. At the time of the purchase the property was deeded solely to his name. I would like to now transfer the deed to an LLC, in my name, while doing a cash out refina...

I have a loan question from a past client...(I am an agent).
They tell me today that someone approached them (a company from LA), that if they purposely not paying their mortgage for 3 months, the company can negotia...

Hello. An off market deal has been offered to me. It is a 2 car garage conversion to an ADU without permit. It has been rented for the last 8 year. How can I get a permit? Consequences not getting a permit and keep re...

Recently just did a total rehab and debating on selling it or pulling equity out?

I've heard that this Act is set to expire at the end of the year. The Act allows people who are foreclosed on or who do a short sale to not have to pay taxes on the forgiven debt. If this Act does in fact expire, t...

I'm brand new and I have a question that concerns taxes. If you have a corporation which allow you to deduct business expenses do you still have to go through the process of performing a 1031 exchange on your profits ...