I owner financed a house to a family with only $2500 down and they didn't even pay the first months payment.The title is under my LLC.They have a simple 2 page promissory note that we signed.On the note I mentioned if...
I am not understanding the 1031 exchange process quite right. Is it true that when you do the 1031exchange and you do not spend all the money on the next purchase that that money will get taxed as capitol gains. As an...
I am an OOS investing looking to purchase Multifamilty properties using the BRRRR strategy. I wanted some advise as far as the ARV. With many discounted properties being bought everyday figuring out the ARV has been...
Realizing there's a ban on evictions through the end of the year for certain scenarios, anybody having luck doing evictions right now? Who's your go-to lawyer? Have two problematic tenants that I'd like to get out a...
Investment Info:
Single-family residence fix & flip investment in Kihei.
Purchase price: $307,000
Cash invested: $74,000
Sale price: $470,000
Bought a foreclosure 2bd/1.5bth (750 sq ft) ...
Hello, my name is Steven and I am seeking start a real estate holding company. While I have read the SBA site, BP articles and countless blogs, I know I need to seek an attorney to help me create my new company. I hav...
Straight from Massachusetts law:(3) (a) Any security deposit received by such lessor shall be held in a separate, interest-bearing account in a bank, located within the commonwealth under such terms as will place su...
We have an opportunity to buy a good deal and a seller who's willing to work with us on a complex closing. The summary is we can purchase it for 85k but tell the bank we close at 110k so the seller who's a friend can...
I am doing some research to explore if you can do a Bonus Depreciation on a home you reside in and rent out (half the home) on Airbnb to traveling professionals. And would doing this be worth it / Looking to reinvest ...
Hey everyone, EIN filing time for my single member LLC. My attorney was so kind to include some documentation about filing for the EIN...but alas my simple mind cannot figure out this quote for some reason. Or maybe I...