Hello Community,
I'm considering an investment opportunity and would like to gather your thoughts and insights. The property in question is a duplex, built in 1985, and consists of two adjacent townhomes that can be ...
I’ve had 2 instances where locally the HOA management firm has sent out notifications that owners are allowed to have pets but tenants are NOT ALLOWED to have pets. IS THAT LEGAL? Thanks for your insight!!!
sincerel...
I need to transfer a property from my sister to my LLC. However, I am concerned about the tax implications. We were thinking of doing a quit claim deed for $100. Any insight into the tax consequences of this transfer?
1031 exchange help needed.. So everything I read about 1031 exchange is the same general information. My question is in particular to multi family real estate. If i were to purchase a 50 unit trailer park, does the ru...
Hi All,I recently sold a single family home in Orlando - Bought for $378k, Financed $275k invested $100k, sold for $640k just over a year later. Within one week I bought a condo for $275 in Tampa and paid cash. I...
Hi BP community. I am in need of help. I was in the process of purchasing portfolio of properties and in the due diligence period I got access to financial reports and after further analyzing performance of properties...
Considering two options for an upcoming sale. Back story - I made a purchase of a SFR back in February for $5,500 (not a typo) that required significant renovation. I put it back on the market for $17,500 and just rec...
Hello,I recently inherited a piece of rental property that's located back home in California but I live in the UK. I am looking to sell the property though so I can invest it in property here in the UK.Can I do a 103...
Hi Everyone,
We are exchanging for the first time from MFH to NNN retail properties.
We have ~$4mm in equity in the downleg and plan to leverage to $8-10mm for an upleg purchase. The downleg is in the final stages ...
I'm somewhat familiar with the tax advantages of a 1031 exchange. It's awesome that the government put this act into effect but I do have some questions about the full process. My current understanding: in order to av...