I found a little place (built 1927) a little under market value. It has had some rehab (mainly cosmetic). I notice it has been for sale since 2018 (red flag). I contacted realtor and asked some questions about struct...
Buyer is using USDA loan. Appraisal was done already. We were moving towards the closing of the loan, but the government got shut down... Got an expensive termite & crawl space repair needing to be done before clo...
Hello,We bought a lot in Austin and constructed a SFH (actually an ADU) on it. We are planning to sell the ADU in June and move on to another project (most likely a lot again with or without a house on it). My questi...
I will be tenting my duplex and was wondering what my responsibilities were as a landlord in Southern California.
If you're looking to add some personal touch to your home décor, look no further than DIY home decorating ideas! Whether you're an experienced DIYer or a beginner, there's no limit to the ways you can add your own uni...
Hello tax gurus, How are you folks doing?
Background: In this year, I bought a house in CA for an vacation rental in Airbnb and VRBO. Its going good so far. I spent close to 25K in setting up as an vacation rental. ...
If someone has 20 multi families buildings (around 100 apartments) that are currently held on several LLC's. How can he 1031 to other properties? Since those LLC's are all independent entities and each building has it...
I am leasing a property that is in my name to an LLC who will then be subleasing the property out as a furnished short-term rental. I know that landlords don't pay self employment taxes, anyone know if an LLC that sub...
I am selling a 2 family I had purchased with an FHA mortgage about 4 years ago. I lived in the property for 2 years but now its just an investment property. Am I able to still do a 1031 exchange when I sell it?
We have successfully made a deal on an REO home, but have some questions on a 1031 exchange for it. The idea is to take the home (purchased for $50k), put $15-20k into it and sell it for up to $100k. 1) The purchase...