Mayer M.
Philadelphia Tax Abatement
Hi,In Philadelphia If you buy an existing structure and knock it down to do new construction will the 10 year tax abatement apply based the the land assessment or the old structure?
Michael S.
How to Dissolve an HOA
Has anyone ever had any luck closing down an HOA? I own a SFR in a 30 property HOA in South Carolina that has combined revenue of <$8000 per year in dues. The HOA owns a street, some greenbelt land between the ho...
David B.
Dividing Land to Purchase Half w/ IRA, Half w/ Personal Cash
Hi Everyone. We bought a house about a year ago with a SD IRA. It was a more complicated process than I expected, but it worked out fine. We have a nice property and a reliable tenant that is paying the rent on time. ...
Jason Prignoli
Pennsylvania Transfer Tax
Hey everyone!
For those Pennsylvania based investors and legal experts out there I was wondering if you can provide some guidance on the situation below:
If I purchased a multi-family property in my name, then trans...
Patricia Via
Help with 1031 involving SF rental exchanged for two land lots, want to sell lot
new to this site, hoping to simplify whether I should sell a lot purchased when sold a SF rental back in 2006. the gross sales price of the house was 165K, but the net was closer to 151K. We did a 1031, purchasing tw...
Joe Smith
capital gains issues if subdividing a lot...
OK, this is a situation that I saw on another board and it got me thinking about it...just my brain working here.
It's a 9 acre single parcel of land, that has 2 single-family homes on it, and a fourplex. He lives i...
Ron K.
Deed Restriction
I am looking at purchasing a property that was built as a duplex. About 15 years ago the buyers opened a couple of walls to create a single family home. Both kitchens, stairs, front doors etc are still in place. Th...
Xin Z.
Mobile home depreciation
Hi, I have a mobile home on about 2 acres of land. It has been completely rehabbed with new AC, water heater, windows, flooring, paint, appliance, etc. It was made in 1999.Now I am trying to decide whether I should ...
Geoffrey O'Brian
Curious 1031 Exchange Question about Basis & Depreciation
Hi smart people,I have a tax-related question about figuring depreciation basis on a new property received in a like-kind 1031 exchange of rental properties (3-unit for 8-unit). I live, and the buildings are in, Los A...
Geo Cruz
Fix or Tear Down and Rebuild
I have an off market opportunity that I wanted to get the community's opinion on. I'm currently in negotiations on this property located in San Marcos, CA (North San Diego County). As some of you might know, San Marco...