Question for you CPA's.

Let say you pay $75k cash for a house. You renovate it and a few months later it appraised for $125k. Now you do a cash out refinance at 75% LTV on the $125k. Land is valued at $20k

Can you...

Hi Everyone, I am a  brand new 25 year old investor and I just purchased my first property on last Monday to flip. We began working on last Friday. Although I am extremely excited I am also extremely nervous. I've use...

A friend inherited his grandmother's property through his mother's estate. He'd like to sell in the Spring and is asking about a 1031.I think since it is inherited, the cost basis is reset to today's value, and he can...

Would the capital gains from selling an investment property held in a particular LLC be eligible for a 1031 exchange fund if it is applied to a down payment on a commercial development owned by same LLC that broke ...

I'm currently rehabbing a house to move to and plan to rent out my old house. I was planning on only doing leases for a year at a time but someone wants to rent the house for 3-6 months and said they are willing to pa...

Today, I got a call from one of my tenants saying that he smells smoke in his apartment and he called the fire department. When I got there, the fire department located and extinguished the fire. It was at the base of...

I have a question….have anyone ever signed up for the Jerry Norton 10k challenge? If so is it legit ?,and Did you do a deal with him?

Hi: To All 1031 Exchange Subject Matter ExpertsSo, last year I sold an investment property that carried a debt 800k. Since the sale of the property occurred towards the end of the year, in October, the 1031 Exchange w...

Hi Does anyone have their CIAS designation? I am wondering if anyone could provide me with some useful information. I am interested in registering for the program and want to know if it's worth the money. thanks

I have a tenant who has not been seen for 2 weeks. She has not paid her portion of the rent (on section 8). Does not answer her phone and has dropped off the face of the earth.I placed a Quit or Pay notice und...