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My mother and sister purchased two contract for deed houses from a couple, who were family friends, around 2 years ago- here in the state of North Dakota. The houses are owned free and clear by the couple, They hav...
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Hi BP Family,I'm looking for advice from the accounting community. Here is the scenario:My son and I are 50/50 owners in an LLC.We own 5 residential properties with a total of 9 doorsWe account for all of the income ...
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So we have a property under contract and the seller had a deed upon death transfer to him. As far as I know from the title company everything came back clean on the title report. The issue it seems that is coming up i...
Hi there - new to BP but long time lurker. I've been running thru this scenario for a while with my lawyer & CPA, but want to see if there are any real life experiences to also lean on.I have split interest with 2...
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I own a nicely appreciated SFR in AZ and am planning on selling once my current tenant's lease expires. My thoughts are to 1031 the gains into a replacement property. Here's the issue - the soon to be relinquished pr...
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I won an auction on a house and the contract consist of a Quit Claim Deed. I did research at the county clerk office and the property seems to have no liens, but from what I understand, there is not only no warranty ...
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Investment Info:
Large multi-family (5+ units) commercial investment investment in Lake Crystal.
Purchase price: $350,000
Cash invested: $35,000
Sale price: $500,000
Bought direct from Seller on ...
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Hi all I am having a pricey Fuji septic system installed and can't find a lawyer that knows how to do a deed restriction for it. Anyone have experience with this?? I am in NJ if that matters
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My association recently sent out a proposed amendment to the master deed. For us to vote on. They would now like to put a rent restriction on 10% of the units available to rent. There will currently be 79 units that w...
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So I met a guy who is being foreclosed on. The home is still in the name of his dad who died 10 years ago, he never changed it. How would I go about buying this house from him?Thank you.