I have a beach duplex in Southern California valued at around $1.8M; I originally purchased it for $350K. If I do a standard sale, my long term capital gain minus my $250K primary residence exemption will be high cons...
I hope to build to an accredited investor with $1m net worth. Does anyone know how accreditation calculations value both residential and commercial real estate? How would I calculate the value of equity of my invest...
Hi All,My parents have decided to make a huge move out of the country (USA). With that, they are seriously considering selling our family home. There are tons of unique things about the property, but without listing e...
My question is : how soon can we refinance after closing on the replacement property? We sold a property for 1.95 million. The replacement property we will be purchasing is at a price of 2.9 million. We want to have...
My new tenant has offered to clean up snow on the sidewalks, parking lot driveways during the snow season for a reduction in rent. I am wondering what your thoughts are on it. My first thought was IF I allow this and ...
I hired a chartered accountant three weeks ago to help me with my taxes due to a 1031 exchange. The taxes were supposed to be done three weeks ago. I had to point out to him that the settlement statements would be nee...
What program does everyone use to to keep books on your properties?
With tax season around, I'm sure there are others scrambling for answers to their tax benefits. I have interviewed a few tax accountants and have one in mind. But, I'm trying to arm myself with some tax knowledge so I...
I'm new to the wholesale / fix&flip / rehab strategies for buying & selling properties, and one of the main barriers to entry I run into with potential interested investors are the capital requirements to star...
I am looking at a possible property to purchase and adding about 400-500 sf of extra living space (den/family room) would really increase the comps for this particular home. I am trying to figure out a ballpark number...