Debbie C.
1031 exchange with Section 121 exclusion
My husband and I have lived in our home for 40 years and it's value has increased by almost $2 million over these years. We'd like to sell our house at some point in the near future because we're getting close to reti...
Patrick Idowu
Tenant couples requested rider agreement to lease.
Hi all, I have a tenant couple who moved in 4 months ago. They are requesting an addendum to their current lease because their relationship has changed. They were supposed to pay the rent jointly, as stated in the lea...
Patrick Shep
Lease Purchase and Tax deduction
I've been proposed with a "Lease purchase" deal. Owner would lease to me $300/month and then at 4 years there will be a balloon payment due. I would be responsible for all expenses (taxes, insurance, etc). Does anyone...
Matt Berklacy
locking buyer into contact w/agent whnmkg purchse offr w/ seller.
Come time in that final hour for a buyer to docusign to make an offer on a property, of the 10+ signature initials needed, often there is a few pages of buyer/agent agreements mixed in from the agent to docusign, in b...
Chase Gochnauer
Considering NREIG for insurance, thoughts?
Hey all, I am seeing mixed reviews on NREIG. Any feedback you all can provide? Their quote is quite competitive, particularly since I can set my coverage amount. My properties are valued a bit less than replacement ...
Susan O.
Renting to Family member - keeping as rental in 1031
Hi I wanted to 1031 exchange a SFR that's currently rental and upleg into an SFR and rent it out to a daughter. Would that be OK I would still accept rent and do depreciation etc but my daughter would live there and ...
Miguel Peral
ALGARVE - Best beaches, life quality and clima in Europe!
2015 is starting with a new project!We have started to evaluate and develop a project in the city of Lagos - Algarve - Portugal. The project is based on 3 major ideas: quality, luxury and exclusivity. This post want's...
Andrew Nguyen
Logistics of transitioning primary residence to rental + add partner
I own a primary residence in CA that I’ve lived in for >2 years. It has a 30 year fixed mortgage and low interest rate. My sibling/business partner would like to give me X amount for 50% ownership and we transition...
Ming Lim
What do you use other than MLS?
So other than the usual suspects, where are you looking for properties? Specifically larger multi-family.
Places I check are:
MLS.ca
ICX.ca
Loopnet (not much Canadian content)
Kijiji
I need...
Jack B.
2/5 year primary residence IRS test
What if you lived in a property as a primary residence for 2 years, and rented it for 4 years, then moved back into it for 2 years before selling it? Does it still qualify for the capital gains tax exclusion or will o...