Hi all,
Do anyone know if there's tax incentive when it comes to renting out your primary resident? We lived in for 3 years and already done all the remodeling. Now we need to upgrade to bigger house due to growing f...
Hello Everyone,If my mother is to gift me $50k and I set up a payment plan to repay her, how does that work with taxes? I had never heard of being taxed on a gift (silly me). I was originally going to use the gift a...
Here is an excellent article describing some challenges in the coming months.https://newsletter.credaily.co...
When a house is listed as "foreclosure" on MLS, what exactly does it mean? The other categories include "short sale", "pre-foreclosure", and "REO", so they are not referring to the same type of listings. And almost 8...
Let's say I'm holding an SFR in an LLC (call it "LLC A") and I want to 1031 exchange it into a 4-plex. Before selling the SFR, can I buy a 4-plex in a different LLC (call it "LLC B"), and once the SFR sells and the 1...
I've been approach by two investors trying to syndicate a deal. There's no concrete deal in the pipeline YET, but they're working with me to determine the blueprint of a potential deal and what are reasonable return e...
Hi Everyone,My wife and I now own 3 properties (4 doors) across two states (Maine & Mass). We are looking at how to consolidate and structure our business so as we continue to grow we’re protected. It may be too e...
What is your company name?
What would you like to name your future company?
I think my username would be a good business name.
I even have the trademark rights to WelcomeSite
I used to use the domain for a Flash help...
Hypothetical scenario here. Would it be possible to exchange a property worth 125k with no debt, for a property worth 950k with 825k mortgage?If yes would I have to qualify with mortgagee to assume the loan or is it p...
Hi all, I own several properties and this June closed on my first commercial property, a turn key short term rental 8 plex. My wife and I have completed remodeling our single family home and found a house we really w...