Rahil Virani
I inherited a portfolio of NNN properties in Texas I want to sell
Hi everyone,
I am new here and need some advice. I inherited a portfolio of NNN properties in Texas of which I want to put 3 locations on the market. I obtained my Real Estate License for the purpose of selling the ...
Jon S.
If i buy a new house should I sell my residence or rent it out?
My house is paid off. It has a HELOC used for real estate investing. I’ve been in it for more than 10 yrs, and I recently learned that if I lived in it for 2 years I can sell it and have zero taxes on the capital gain...
Kevin Huang
Tenant is in mental hosptial and threaten to kill me, any advice
Hello, I have a tenant who rents out a room in my house. He has been involuntarily admitted to a local mental hospital twice because he is a threat to others (5150) this week. He just got out 3 days ago from his first...
Oleksandr Ivanovskiy
Wage garnishment of the delinquent tenant
So here I’m. Successfully obtain judgement against tenant who stay 4 months free and took advantage of Covid. Any suggestions how to approach garnishment process. What assets I can attack?
Jonah T.
Canadian Rental Income Taxes
I am trying to determine the best path forward for how to deal with rental income (yes I'm late!) and major renovations. It is clear to me it is best to expense it in the year it was spent, but unclear what the CRA wi...
CA Hindmand
200k capital gain house hack turned rental. 1031 or move back in?
Keep it, move back in or 1031? I did a house hack without knowing what it was. Lived there 5 years and it's been a rental for 6, with the EXACT SAME AWESOME RENTERS from day one. (The renters now on a month to month...
Account Closed
What make a Multi-Family a good investment ?
Hello BP Recently I wonder what criteria would make a duplex or Four plex , a good investment ? How much is good price for duplex, Four Plex ? how do you come up to that price ? What Cap Rate is consider good ? why y...
David Zheng
Slow down. Enjoy Life. Don't be me
Hey guys, just wanting to leave a tip for those out there....Slow down and enjoy your life and your personal healthso a lot of people know I'm gungho about investing and attaining higher and higher goals. Well since I...
Mike Stevens
Disturbing lead paint
Hello,I wanted to know if anyone can answer a specific question in regards to renovating with lead paint.What kind of renovations specifically DISTURB lead based paint? I imagine changing or ripping out the dry wall, ...
Michael Bickel
Forming an LLC
Hello,I am new to REI, just purchased my first house last year (Owner-occupant). Originally, the goal was to rehab, then sell after 2 years with no capital gains tax. However, after diving in and gaining more knowledg...