Hi all, I listed a local bar/tavern recently and the owner lives in the upstairs and has for quite some town. When the property sells, what are the tax implications for the seller? There are no liens, mortgages, or...
I currently own two rental properties and usually collected rent on a contact basis. Each time the tenet would call and say I have the rent when ever you ready to pick it up.
Now, on the Lakewood property this has b...
I need some help in figuring out whether to keep renting this house out or sell. Here are the numbers, if I left anything out or you want more information let me know:Single-family homeOriginal Mortgage = $114,500 VA...
Hey Everyone (and Bill Exeter!). Have a question about selling a rental property currently owned by me and two partners. Right now me and one of the other partners wants to buy a new rental property, and the othe...
Hey everyone - I’m newer to the forums but a long time podcast listener here in Iowa. I’m a realtor, and was talking to a former client today who moved to Austin,TX and works for a Real Estate startup called Opcity. J...
I'm still waiting for banks/lenders to acknowledge revenue from VRBOs as real.........it's my understanding from countless interactions with the above that this industry isn't sure how to deal with this, in relationsh...
Hi all,
First post, but have lurked for years. Amazing community.
I am selling a vacant parcel of land that will yield roughly $1M in proceeds. I am planning to do a 1031 to avoid capital gains.
I have developed se...
Hi Team - small caveat : This is not actually about a rental property I own rather I am a tenant ( and on BP looking to get into real estate investing for myself and be the Landlord I would want to do business with:) ...
Hello everyone!So I've been a member going on four years now. Never even filled out my profile until recently. I always had an interest in real estate, but at the time that I joined I was looking around for differe...
I am getting my primary condo rent ready. Unfortunately there was a cat incident while I was away, and I believe the awesome berber carpet I had will not recover - sad because it was three years old and probably would...