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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...
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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...
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Here is an excellent article describing some challenges in the coming months.https://newsletter.credaily.co...
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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...
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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...
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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...
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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...
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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...
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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...
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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...