I am in the early stage of selling a multifamily with a net proceed of around $750,000 in a 1031 exchange looking for passive investment strategies. The OC market where I live seems very competitive and I was wonderi...
Hi All,If someone moves into a property, (a single family - for example) that was purchased through a 1031 exchange years after purchasing it, what would the tax consequences be? To clarify: the purchaser never had an...
Hello all!I am looking to buy my first multi family but need to make sure I understand my monthly payments to find the best deal. Unfortunately this includes figuring out taxes. I am trying to wrap my head around asse...
I'm months away from paying off my mortgage. I had planned to research 1st quarter, pay off debt and then hit the ground running. I have no desire to househack. So now I'm wondering should I take that lump and use fo...
Curious if anybody knows typical cap rate ranges for NNN leases in the Houston area, for say a corporate tenant like a Walgreens or CVS. A friend of mine is curious on a deal he saw. Thanks.
Quick explanation of my situation before I get to my question(s). I currently live with my parents, and am sitting on about $150k that I've saved. I'm looking to buy my first house in the next year, just not sure whe...
Hi everyone,Thanks for reading my first post. My husband and I own two properties in Grand Rapids, MI. We paid off the house that we live in several years ago. We bought another house that is 400k and we owe about 19...
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My wife and I are currently shopping the market for a primary residence that we could add value to and then later cash out refinance as well as finding a lender to help us accomplish this. I have run into DTI iss...
Hey everyone I'm Pat and new to the forum. I am 25, married, and live in Florida. As the title says, I'm new to real estate. I just started reading "Rich Dad Poor Dad" and have been skimming through the forums here to...
I'm in the process of purchasing an investment property in Austin, TX. Without lot of research I assumed if I lived in the property for 2yrs in the last 5yrs of the sale, I could be eligible for the exemption so I don...