Jake Waslaski
Should I sell the property under 1031 or not?
Okay I have a little over 200k in equity on my first rental house. I plan to use the equity to jump into a larger complex. I have looked up and studied 1031 exchanges for a while now knowing I’ll be selling when th...
Lorilyn B.
Suggestions for good contractors in my area? Bastrop, TX
I'm familiar with a few contractors in this area, that's why I'm asking for suggestions. I've used several over the years and have always ended up with a problem, e.g. 10 yards short on a foundation, bathroom remodel ...
Daniel Mills
Passing on my portfolio to my Japanese wife
Hi guys,I'm not sure this fits in a general discussion, but here it goes:I am a US citizen living and working in Japan. I own 8 single-family properties in the US which are all on conventional loans. They are owned in...
Sean H.
Help me understand S-Corps better
As it relates to being the sole owner of the "corporation."So, for my question lets say i hypothetically made 100k for the year. I read that is best keep wages and distributions equal to avoid a red flag from the irs....
Chris Penny
What to look for from property management
I couldn't find a proper forum category to post this question so I post here. My question is: What are the general things you look at when finding a management company for your property? For example, I have one compan...
Jake L.
Taking title and refi brother's property to gain 200K equity
My brother has bad credit and currently has a mortgage with an interest only variable loan on his primary residence. He asked if I could add my name to refinance the property to get a better rate (30 year fixed). Luck...
Vickie Tan
Tax to pay for flip properties by seller finance structure
I am a real estate agent, I flip some properties in 2010. One of the property I bought , after the fixup I sold it as seller finance deal in 90 days. I need advice on if I may claim as a real estate professional or a...
Jennifer Inocencio
What are the top questions to ask when searching for a manager?
what are some of the top questions to ask of a property manager? I've tried to go with the BBB rated, check the real estate boards, and check online for anything questionable but I still don't know if I'm missing some...
Kurt Gardner
Will you do your own taxes this year?
I have searched the forums and blogs on the subject, and it seems to be slightly leaning toward CPA/professional preparation.I have used a professional for the last 10 years and each year, my costs have increased (we ...
Nick Marsillo
Who should pay miscellaneous expenses on condo rental?
I own a condo in NJ that I'd like to rent. The regular property taxes are included in my monthly mortgage payment, but not the quarterly sewer tax. Also, my homeowners association requires our dryer vents to be prof...