Cody Godfrey
Dividing 2 properties on 1 deed
I have a property with 2 dwellings in 1 deed. Both properties use the same well. How easy would it be to divide the property into 2 deeds? Also, how would I go about doing so? Looking to sell off the one. Thanks!!
Joseph Pietrzak
Dividing a double lot after purchase
I have a property that I am currently very interested in purchasing and it is on a double lot. I want to know if it is possible to slit the 2 lots and sell the 2nd, or build on it myself after I purchase?
Jesse Fragale
Partnerships - How to divide the piw
Hi All,First month at BP and its been awesome!I am curious to get members opinions on how to split real estate when you have two 'managing partners' (manage all operations of the investment) and 2 or more investors. ...
Craig Coleman
Dividing SFH out of commercial loan
If I purchase 6 single family homes with a commercial loan, what are the pitfalls if I decide to sell one individual house while keeping the rest as rentals.
Carter Knapp
Capital gains from dividing vacant land
I purchased 26 acres of vacant hunting/forest land in northern WI 6 months ago. The property is divided into a 6 acre parcel and a 20 acre parcel, and I plan to sell the 6 acre parcel first. Lets say I purchased the e...
Brian Stillabower
Starting Up - How To Divide Ownership
My wife and I are putting together a business plan for a real estate business, mainly rentals, but may do a few flips, who knows where it will take us.Her brother and possibly her other brother is interested in a join...
Vera Todoriko
How to divide mail for multifamily?
We just had our first tenats on the second floor and we live on the first floor. We put it a second mail box. Do we need to change our address for Apt #1 and #2 ?
Curtis Bidwell
Dividing LLC Ownership Classes by property
I'm in an LLC with 1 other partner. We own several SFR and 2 apartments. My partner wants to retire. I want to buy out his shares of the apartments while maintaining the relationship in the SFR. Can this be accompl...
Ron Greenfield
Dividing Parcels (California San Bernardino County)
Does anyone had experience in Mentone/Redlands Ca? I bought a property with a single family home, with a private driveway, and its own back yard. Also on this parcel , is a 5-plex. I'm looking to divide the parcel, se...
Lucas Hammer
How to divide common area expenses
I just closed on a 2-flat that I'll be living in and renting out the second unit. I'm tracking all of my receipts currently and trying to categorize them as well as I can. I've read IRS pub 527 a few times and I'm won...