Maayong adlaw! Hi everyone! I'm new to the forum. In fact, this is my first time to join a forum on real estate. I just started on this business a few months back. I am an Architect by profession, thus I don't conside...
Is it possible to take a 1031 from a property I have for sale and use it to build an investment property on a lot I currently own? This will be my first 1031 one and don't know if this is possible or not. Thank You
I was recently contacted about a property this gentleman hasn't paid his taxes on, went to tax sale a few years ago. Contacted the county to see how much is owed because he had no idea. They send me the redemption aff...
My CPA firm is preparing my 2021 taxes, this is my 2nd year using them and I haven't had any notable issues until now. I invest significantly in syndication deals so I have a handful of K-1s from multiple states. I ge...
Is interest rate cap payment received by the borrower considered income?
Is the following statement true:
Under Generally Accepted Accounting Principles (GAAP), interest cap premium payments received by the borrow...
I just broke the RE investors code. I jumped into flipping a property without having all the details hashed out ahead of time. I came across a good deal and had to move, so now I've got a property that's almost thro...
Hi Everyone,First time poster here. I am looking at foreclosures in my area. I recently spoke with the lawyer who is acting as committee for the foreclosing bank on a particular property. He stated that the propert...
Hello.I have a foreign friend who is interested in invest in rental property, but there is one concern that he has to pay 30% withholding tax. We agree that I will be a manager for finding good deal since I know the m...
I am in escrow for an investment SFR and the home inspection revealed issues with the electric wiring. I got two estimates for repair including fixing a fire hazard condition in the wiring coming from the street throu...
I'm currently evaluating a potential mobile home park, while small (10 lots total) it does have a single family home on the same property. This property is of interest because of proximity to town and because of the r...