Alison S
Question about capital gains exclusion on primary residence
Question for the tax pros out there.If someone inherits a home from a trust after death of the owner, and the home is their primary residence, does the two year period to exclude capital gains on the sale of a primary...
Pietro Gaglio
Does anyone in here own a residential assisted living facility in MI?
Hello all, I am a home health physical therapist, and I am on my way to earning a degree in healthcare administration. I intend to open and operate my residential assisted living facility in MI. Does anyone know the a...
Claudia Hayek
How to pay for business expenses
I am analyzing my first property to buy and would like to know how investors account for business expenses (CPA, accounting, legal, etc.) Should I account for these expenses from the reserves from each rental prop...
Dan Funk
SDIRA investing with land contract
Does anyone know whether using SDIRA LLC funds to invest in rental properties with 15% down payment and a land contract with the seller will avoid the UBTI? Or is a land contract still considered UDFI?Thanks,Dan
Lamar Bacon
LLC or Corp
I just complete a legal zoom corporation application. Was this smart?
Marc-Andre Bordeleau
First investment: 16-plex apartment building
Hey guys thanks for coming. I was looking at this apartment complex and ran the numbers on BP's calculator and thought I might as well ask for your opinions on this deal. I think it looks like a solid deal on the outs...
Dawon Irvin
Exploring the ABCs of Real Estate A Dictionary of Real Estate Terms
This post serves as a detailed reference point—a compendium of real estate knowledge that delves into the fundamental aspects of this dynamic field.
1031 Exchange: A tax-deferred exchange allowing the sale of one pro...
Bob Nickle
Business analysis project! Need your opinion
Hello,
Im a business major and need to do a market analysis for a business plan for one of my classes. I am creating a business plan of a property management and developement company catering to non-profit organizatio...
Troy Sheets
How to help a seller through probate?
My realtor is connecting me with a lady that lives in my neighborhood that wants to sell her house. The seller inherited it from her mother but the house hasn't been through probate yet. She doesn't have the resources...
Luke Johnson
Buying Billboards
Hey guys and girls. A friend of mine and I really would like to start a business together. We thought about looking into buying and renting out billboards. I was wanting to know if someone could push me in the right d...