Michael Plaks
Are syndications "extremely tax efficient"?
This post was prompted by this quote from the website of an established syndicator, emphasis mine:
"What kind of tax impact is there? Apartment syndications are very tax efficient. As a partner in our limited partn...
Mary Jay
Depreciation Calculations-please help to figure it out
Hey guys,
I feel like Ive always struggled with depreciation concept...
So, Ive been googling it, and here is what I found:
Let’s say you buy a single-family home for $200,000. The tax assessor’s estimate of the la...
Greg Franck
Tenant Challenging Deposit Refund
All, Thanks in advance for the assist with this. Here is the detail. We had a tenant which was a problem. We bought her our of the lease basically by offering an early termination contract and paying her last month...
Brenda Sacchetto
Ethical conduct and filing a complaint
Hi experts!
I had a recent situation occur that I'm thinking to file a complaint about but I'd like your input to see if this is viable.
I am not an agent but have been following listings of potential fore...
Account Closed
Police activity on Google Streetview - dealbreaker?
What would be your reaction if you saw indication of police activity at a property you're researching on Google Streetview? My immediate reaction was to toss the property aside - don't want to inherit problem tena...
K.C. Marsh
Buying house from my current landlord?
Hey, everybody. I'm an inspiring investor from Louisville, Ky and I'd like to get some feedback on making my first deal. For the last couple of years I've been renting a 3 bedroom house with 2 others and it's time to ...
Hector Perez
How to Eliminate a Judgement on a house
Hello BP,
I have a property in Houston that I have under contract for $8,000 and its on escrow. Title company mentioned there is a judgement on it for $9,5000.
So I am just wondering if there are some r...
Nick B.
Are all wholesalers act like this?
I've never dealt with wholesalers before but I heard and read that they could routinely find properties for 60-70 cents on a dollar.
So, I signed up to be on a buyers list of a wholesaling company that has a ...
Carlos Enriquez
WA State lender won't loan me more than $801,000 due to LTV
Jumping right in, I was told today that I would have to cough up $349,000 DN for a $1,000,000+ 4 plex. 25% would have been $287,500, which would have been easy.So now I'm considering breaking my IRA, cleaning out my...
Gayla Kemp
1031 exchange, tenants in common
Have a house closing under a single member LLC selling for $145,500. We will be doing a 1031 exchange and then taking those proceeds and applying them to a vacation rental cabin investment of $264,000. We are gettin...