Jason Hartman
Have you had any experience with National Real Estate Insurance Group (NREIG)/Affinity Group Management?
We like the idea that this company caters/markets to investors; however, they denied one of our client's seemingly legit claims and it seems they trying to deny another one on a technicality. The second claim remai...
Account Closed
Tenants in Common - Will I Incur Capital Gain Taxes?
All:
Can anyone please let me know whether or not I will personally incur capital gain taxes when my tenants in common partner sells his 50% interest of two properties we co-own? I was thinking I should not incur any...
Brandon Wesley
Rental Property: Multi-member LLC vs Tenants-in-Common
Hi,I'm new to the forum; it's a pleasure to be part of the group. I'm considering purchasing a rental property with a family member and would like to hear your thoughts on forming a multi-member LLC holding the proper...
Rich Weese
what do Greece and our country have in common???
I'm reading a lot of papers today? I worry when Greece comes to meet with our president about economies. What did we give Greece this time? Greece spends more servicing its' debt than its GDP. Unfortunately, we're o...
Brendan August
W-9 for General Partnership or Owners in Common?
My partners and I were just given a W-9 by the organization that pays our tenants rent. We have a DBA and an EIN however we have not officially formed the Partnership and filed paperwork with the state (Maryland). We ...
John Faranetta
Tax Liability on Ownership % Swap Between Tenants in Common?
I own 8 residential rental properties with 3 other investors. The properties are owned equally between all 4 investors, and the Deeds are held as Tenants in Common. We have decided to divide the properties amongst a...
Mel Cosio
Tenancy In Common agreement - can percentage splits be fluid?
TIC agreement question for the experts on this board:A normal TIC agreement would specify the fixed percentages of each partner. For example, if the TIC is buying a 500k house and my company puts in 250k, my percentag...
JR Silva
Investing with parents in Sacramento CA - Tenancy in Common?
Hello BP! This is more than likely a CPA-related question, but I would appreciate any expertise and advice before I reach out to one. I am investing in a small-multi with my parents - mom and dad. The way we are split...
Jonathan Small
How I Structure My Partnerships (Tenants in Common) Agreemenet
I have been investing since 2005. I have been sharing my journey with many of my friends, family, and coworkers. Often people would ask about how to partner on a deal. I originally was not a fan of partnerships bec...
Yixue Zhao
Condo has water damage in common area, stay away?
Hello everyone! I plan to put an offer on a condo but just saw some signs of water damage and mold (pictures attached). This happens in the common area (it's a shared laundry room in the basement), and it's NOT connec...