David G West
Cap Gains on Re-entering ownership
Hi,We bought a property last year thru an LLC and the previous owner was there for 2 years so he sold it with no capital gains. For various reasons, we are partnering with the previous owner again and adding him as a ...
Derek Tuohy
Tax basis - Joint Ownership or Inheritance?
Tax question. I am joint owner with my mom on the deed of a rental property. This property has more than doubled in value over the past 6 years through appreciation. Regarding tax basis, is it more beneficial to ga...
Jeff Nishimura
Evicting Tenants with New Ownership in Ontario
Hey BP,I am currently in the process of acquiring a duplex that is occupied by tenants that are paying well-below market rents. Legally, I can only increase rents by 1.8% under new ownership unless there is a capital...
Enrique Caballero
Property in Association swap ownership to LLC
Hey Guys,
Do you know if an association will allow an owner (condo paid off) currently rented (good ROI) to swap ownership into an LLC?
I know for fact the association hate the fact we rent it, and i dont wanna ask ...
Enrique Caballero
Condo in Association swap ownership to LLC
Hey Guys,
Do you know if an association will allow an owner (condo paid off) currently rented (good ROI) to swap ownership into an LLC?
I know for fact the association hate the fact we rent it, and i dont wanna ask ...
Enrique Caballero
Condo under Association swap ownership to LLC
Hey Guys,Do you know if an association will allow an owner (condo paid off) currently rented (good ROI) to swap ownership into an LLC?I know for fact the association hate the fact we rent it, and i dont wanna ask them...
Nick Dibos
Investment Partnership: How to Split Ownership Fairly
I am going into a deal for the first time with some friends/business partners. We are shopping for a 4-8 unit apartment complex in Kansas City where I live. My partners live across the country in Oregon. While they...