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I just had an offer on my first property accepted 25 minutes south of Boston! 2-family was listed for 500k and my offer was for 540k (6 strong offers and lots of interest at the open house). My mortgage payment will b...
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i don't see anywhere in the IRS code that states that the QI needs to be anyone in particular. It just can NOT be a relative, or your accountant, realtor, etc.I was just quoted a $1200 price for a 1031 exchange prof...
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Hello everyone and thank you for the help. Ok so after 2 months of reading and learning I started making moves over this last and 3rd month. Starting looking, closing my farm area, looking at auctions, making co...
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I need help. we have property in NC. the community has 19 lots. We have a interim president & vice president. The hired property manager is not cooperating with forming a permanent hoa. The acting president is not...
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I have a solo-401k that I would like to invest. I have little desire for the 401k to own property, but I do want to invest it in RE or small businesses (equity or as straight lending). I have been looking at various n...
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Hi BP friends,I was researching 1031 exchanges and couldn't find a concrete answer to my question. Imagine this scenario;An owner bought a building at $350K with a conventional mortgage. Owner sells building for $1M, ...
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I'm familiar with the concept of exchanging a property for one of greater value to delay taxes. But, how exactly does the process work? And who is involved in the exchange?
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Hello,Does a 90 vacate notice given to a current section 8 tenant (living month to month) due to the sale of the home roll over to the new landlord when the sale is completed, if the current tenant is still occupying ...
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I need to learn how to run comps since my last deal fell through also how do you know if they are accurate I do not want to offer anything wrong on a home just to let another deal fall through help!!!!
I will be going through my first city inspection in a couple weeks, what I should be prepared for? The city where I own the home doesn't have a check list or sheet to give me before the inspection. So I am just wond...