Clayton Cox
Real Estate Commission Assignment to Avoid Taxes
I’m an engineer (full time, W2) and a real estate agent on the side (Schedule C). I have 20 rental properties (Schedule E) that currently carry a passive loss of 300k. I am purchasing another rental property and will...
Edlira Clevenger
Buying the first property
Hi everyone. We are looking to buy our first investment property in Orlando. We looked at a single family home which is currently rented to students since the house it’s near UCF. ROI is 15%. Now we have a family mem...
Craig Sutta
transferring rental property to college going son
I have a rental property in my hometown that I bought 5 years ago and is generating good income. Its fully paid off. For tax purposes, I want to transfer this property to my son (student 18 years – going to college 20...
Blake Alan Quarrie
City of Chicago Garbage Enforcement
I have a four unit in Chicago, the tenants are fairly careless about keeping all the garbage in the cans. It's not typically that bad, box gets left on top etc, but recently got four violations totally $2,000 for four...
Francisco Rodriguez
How can a Newbie Investor provide value to a Seasoned Investor?
Hello, everyone! I am 24 years old and aspire to be a professional real estate investor in my area. My questions is: How can I provide value and actually help a seasoned real estate investor as a 24 year old who knows...
Dawn Grimshaw
Who is going to BPCON that invests in storage facitilites?
Who will be in San Diego for BPCON that invests in storage and would be willing to let me pick your brain? I will buy drinks or feed you!
Nicole Sugrue
Assuming mortgage on family home- so parents can "age in place"
My aging parents can no longer afford the monthly note on their 300k mortgage balance.
I live in NY and theyve built and owned a oceanfront home in the florida keys for over 25 years. Which our entire family has enjo...
James H.
Rental payment conversion success
Well, we just checked the bank account online a couple minutes ago and low and belold, there was a deosit in the amount of rent owed for October sitting there!
This is great news because my last interaction with thes...
Jason Burkart
Gift money for family or buy a rental for family?
Complicated post and I realize this might be more geared to a CPA, but figured I would try here and see if anyone else has come across a similar situation. Will itemize for brevity purposes:- Mother wants to move to S...
Mark Y.
1031 Exchange Info/Advice
Hi Everyone,Looking to get further detail and advice regarding selling a rental property and a 1031 exchange.My father owns an apartment for over 25 years but has not lived in it and has rented it for the past 5. He i...