John Horner
Is a Quiet Title Action my only solution?
We have a property with multiple judgement liens from an old owner, but that owner is refusing to give us permission to contact the state to get the liens paid and cleared.Our attorneys are suggesting an expensive and...
Arthur C.
Motion of Substitute Purchaser Process for Foreclosed Property
Does anyone here in the forum know much about how long it usually takes for a real estate attorney to get a court approval from foreclosure trustee and the Superior Court after filing a Motion to Substitute Purchaser?...
Trevon Peracca
Business Domain Name (Website)
My Business Name is: Chicago Home Buyers, LLCI need a domain name: TheChicagoHomeBuyers.com ChiHomeBuyers.com ChiBuyers.com ChicagoBuyers.net Chicagohomebuyersllc.comThoughts or suggestions?
Davon Lowery
HLOC on a property held in Biz name
I knew there would be some draw backs with holding my properties in my entity.What has your experience(s) been when establishing/obtaining a Home Equity Line of Credit on your property,which is held in your entity?How...
Daniel E.
Assignment of Bid - How does this work?
Purchasing a note just before auction. The foreclosure attorneys have said they will do an 'assignment of the bid' at sale. How does this really work? Here is my understanding. Please correct me!1) Close the purchase ...
Greg D.
New Porch Tax Implications (expense,capital,partial disposition)
I just had a new 3 story porch installed on a 4-unit residential building for $18k. This included the cost of demolition / disposal of the old one and construction / materials of the new one.1. Can I expense the cost...
Jay Story
1031 exchange with many working parts
I'm looking to do a 1031 exchange by selling property that has been in my family for years. The property is comprised of 4 parcels ranging from 1.3 acres to 16 acres, all adjacent to each other. 2 of the parcels have ...
Candace Ellison
Am I in violation of automatic stay?
The PM company was awarded a judgement against a former tenant. The Pm later went out of business. I then filed a motion to substitute party so I could collect from the tenant. The tenant was notified of my filing, fa...
Logan Wray
1099 question for SFR
Hello all,So last year I acquired my first rental and it ran like clockwork "knocks on wood".... So now it's tax season. I have a property manager who sent me an end of year statement, but I'm wondering if I need to f...
Ilan Gulman
Airbnb Arbitrage Model
Hello all,
wanted to ask about the Airbnb arbitrage strategy. What happens if i have great reviews, and the property is doing well, and the lease ends for example and the landlord doesn't want to extend it?
Do ...