irs rules for a 1031 exchange are the most convoluted in the entire tax code, IMHO. Nobody "exchanges" a property and a mortgage for another property and mortgage, its usually always sell and buy or buy and sell. The ...
Should I subrogate for the sidewalk assessment and work done after I purchased my fourplex?. The city says I can because the seller was supposed to disclose it. How would I go about it? I'm thinking that first I'l...
Well, he's fired now, but I'm still trying to clean up his mess.
In a matter of just 2 weeks on the job some issues arose and I'm not entirely sure what's legal or how to handle the situation.
The hired Property Mana...
Hi guys! I’m still under contract to buy a property, and the plan was to create a studio apartment in the back of the house while the current tenant rides out their lease. However, the underwriters won’t approve the l...
Many people have highly recommended the book, Rich Dad Poor Dad, by Richard Kiyosaki.
I came across this great article that completely tore the book, and the author, to shreds.
http://www.johntreed.com/Kiyosaki.html...
I'm starting in on the task of Christmas shopping, and looking for good books for one family member. On the Washington Post 'Best Books of 2016' list, I stumbled across this gem:'Evicted: Poverty and Profit in the Ame...
Trying to find a word to capture my ideas.
Please tell me what being "tenant free" suggests to you.
Hey all,
I was planning to purchase a small MF property in San Antonio, but have had trouble finding anything that would have much cash flow, even if I pay over 50% in cash. Rate caps are around 5-6 for 4-plexes in ...
Hi everyone!I'm Fred Venturini and I live about 45 mins east of St. Louis on the IL side. I've worked as an analyst at Scott AFB for the past 9 years as part of an 18-year federal career, I'm a Chicago sports fan (I k...
Something I learned today!{Three to Four Unit: A three- to four-unit property is a Single Family residential property with three to four individual dwellings. The mortgage must obtain a completed form HUD-92561 (Bor...