Hey all,I have 3 issues...I own a place in Jax that I lived in. I've been renting it since I moved back to California and am looking for help managing it.My friend has been helping me manage it, but we've run into so...
Hi–I'm in contract on 4plex in northern California. After checking the Megan's Law website, I found that one of the tenants is a registered sex offender. Their offense was in 1994 and they have been in the property, a...
Hi all,I have a duplex in Orange County, CA that I have held for 25 years and I want to consider an exit strategy. I have deducted 25 years of depreciation which would need to be recaptured on normal sale ( ouch ). So...
So I have a 4 unit under contract and had my inspection today and they found knob and tube wireing in the basement that is live. There is 2 prong outlets in every unit 3 stories. I'm not sure what to do about this. I ...
Can someone shed light on the void tax sale stipulations in Alabama... If the wrong name is called at the auction, someone ‘forgot’ to have the property assessed in their name, deceased owners prior to auction are rea...
Hi all,For a series LLC, where each property is titled in a separate series, what is the best practice in your opinion for contractual obligations of those series? For example, if one series contains one rental unit, ...
My parents passed away 10 years ago. They were very sweet but not very financially or legal savvy. They had multiple mortgages on the house and even a reverse mortgage. When they passed (with no will of course) the mo...
Hello everyone,What's the deal with real estate tax firms disguising sales pitches as "consultations?" Twice now, I've gone to the "big guys" to hire a tax advisor/strategist to help with our two new properties: one...
I purchased a home and have done improvements to it. I need about $30,000 to finish the improvements to sell it. I don't want to refinance as I have a great low interest rate currently and I don't want to pay upward...
Once upon a time, I ventured into the realm of real estate with boundless enthusiasm and unwavering determination. In the beginning, it seemed like the stars had aligned in my favor. With over six transactions under m...