We were wondering if any BP members have an airbnb property abroad? We recently visited my native country Colombia and are seriously thinking about purchasing a condo in Medellin and renting it short term. We are tryi...
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I am a first time 1031 exchanger and am a novice purchaser. I own a 4plex in San Marcos, CA (San Diego County) that I was given by my mother in 2018. She has since died and I no longer have any reason to keep going ...
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Originally By Michael Gerrity of "world property journal"According to the California Association of Realtors, California’s median home price reached a new high in May 2018, while home sales retreated both on a monthly...
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Hello everyone! In California you are required to provide 30 days notice to raise rent if it is less than 10 percent of the rent being charged and 60 days notice if it is being raised more than 10 percent of the rent ...
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I have an old friend with 45 properties. He is getting very ill in his old age. His 2 children have not shown any interest in this profession and have moved out to start their own lives. He, just like any good parent ...
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If you do 1031 exchange multiple times, do you pay taxes on the profit of only the last sold property or do you have to pay taxes on the total potential profits of all properties. For example, if I buy property #1 for...
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Gave my tenant a 30 day notice to vacate. We are 25 days into the notice and she says she hasnt found a place. I am going to file an eviction with the courthouse in 5 days and go through that process. The reason I ...
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If I sell my property for $600k and owe $300k on a loan, I walk away with $300k minus agent commission ($30K). If I want to roll that into a fixer 1031 construction loan project, I understand that the property purchas...
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Hi BPers!
I bought a place 10 years ago for 230K and decided to rent it out this year when I moved. This year I get to start deducting depreciation on it on my tax return. What is the basis I should be using to trac...
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Hello,
For Massachusetts landlords or possibly other states as well, what procedures do you all follow if a TENANT on a month to month basis gives a landlord a 30 day notice that they will be leaving, but they don't ...