I have a piece of property that our LLC purchased to develop into a vacation rental property. It's located in a gated community near a touristy lake. We never broke ground. We've received an offer to purchase that pro...
Hello , Good morning. I am listing my residential investment property in a day or two for sale and want to do 1031 Exchange. I have one technical question about this transition.In relinquished property, my wife and I ...
Just received my appraisal back on a rental that I'm trying to do a cashout on. I feel that it came back really low.
1. The appraisal states that the property is located in a totally different city than it a...
I'm using Quickbooks to track overall finances. So I have a FixedAssets account in the chart of accounts, but that's not really usable for tracking the per-item depreciation...there's no entry for when it was placed i...
Hi BP,I've been communicating with the Orange County tax assessor/treasurers's office staff about obtaining a list of properties that have been tax delinquent between 3 and 4.5 years. They are taking their time to res...
I am going to speak with my CPA about what my best option would be, but would like to hear some input from this forum because there are a ton of bright minded people!
I am buying a commercial property for 380K (land ...
Received a text from a potential tenant today. I can’t stand all the back and forth texting and besides I prefer a phone call so I can ask my screening questions so I responded by saying “good afternoon, please give ...
My partner and I are in the processing of refinancing our 4plex and are wondering if there is benefit in just one of us being on the mortgage. We are going to continue to work together in the future and are wondering ...
Three individuals signed an 18 month lease for my fiancé’s house. Two of the parties have decided to evict the third person because of multiple personal differences. They have changed the access code to the home and t...
Hey Guys, Question :- I have a property in Ohio under a Sole Member LLC that I am selling and doing a 1031 on another property in Texas. Can I setup a similar Sole Member LLC in Texas(with a different name) and buy t...