John Hunter
Notifying Existing Commercial Tenants of Ownership Change
Newbie Commercial Landlord Question!Closing on a commercial property in Illinois later this week with a strong tenant already in place with a lease signed thru 2027. To anyone with experience acquiring properties with...
Bill P.
Need some help with better understanding on this deal
Hi,Newbie here so please help me analyzing this deal. What are the most critical thing to check when buying property at auction that executor is trying to sell it to ? As far as I know, 1) Full Title search AND commit...
Greg Karbett
Sec 8 Local HA not helpful, not answering my FMR rent questions
My Local Housing Authority is not responding to my email. We called and found they are not friendly nor helpful. My first question, are the small area FMRs published on https://huduser.gov, is that just a max that can...
Maya Torres
Recommendations for RE friendly tax agent. Not a CPA.
Hey everyone! I’m looking for recommendations for a RE friendly tax agent to file taxes with. I’m not looking for a CPA. I’m currently in the Hampton Roads, VA area but willing to work with someone long distance. The ...
Michael Greer
Real estate professional tax status- Can I qualify?
Hello,To start off, I contacted my accountant and he said he did not think I would qualify.I'd like an opinion here because I'm not sure I agree. I could be wrong.I work a W2 job for a city as a comissioner in the bui...
Sally Pearson
Properly Establishing an Intrafamily Loan?
Hello! I am doing an intrafamily loan with my father for a home purchase in DC and need to make sure it is viewed as a creditor-debtor relationship to the IRS so he doesn't get a gift/inheritance tax. To my understand...
Tidal Creek
lien cancellation document for lot and modular home purchase
I’m trying to buy a lot which has a modular home on it. I want to keep the modular to repair and rent it out. The owner paid off the note on the modular, but can’t find a signed lien cancellation document. For some ...
Ryan Tessier
Is it worth it to get a HIC License in CT?
Happy Sunday all, I'm going to start a renovation soon and if it goes well it may be something that I'd want to do more of. I want to manage the project myself for the experience, I have a background in construction a...
Rizwan Halim
How to divide this up?
My brother and I want to invest in a rental unit. He has the money to invest but I have the credit and am local to the property (i.e. will be managing the property).
So suppose he put in $50,000 towards a $400,000 p...
Gavin Pelkington
Mid-Term Rental Partnership
Looking for advice!
I am considering creating a entity involving me and two others. One of the partners has the ability to completely fund the deals and has enough reserves to pay all cash for multiple properties but...