Father and two daughters bought a house through 1031 exchange. Title is held as tenants in common, 50% father, 25% each daughter. Exchange was completed a couple of months ago. Would there be an IRS issue if father re...
My 19 year old daughter wants to buy a property and try house hacking, either by long term roommates or Air BNB. She has been saving since she was a little kid has a down payment saved but, I doubt she would qualify f...
So basically my question is:
When is a person in the rental a visitor, and when can he be considered a tenant?
My lease says visitors allowed up to 2 weeks. Pretty much standard here, and the same rule is in the statu...
I haven't done before, and would prefer not starting with attorney help, at least to start with, unless absolutely necessary. I need to do/create a notice of eviction for a person not on the lease, staying with the...
I am somewhat new to real estate rentals, but am pretty knowledgeable about taxes. Here is my situation, and I wonder if my overall strategy is sound.I have 2 goals in posting this - first to inquire if I am missi...
BP,I have a client that has an issue and I know the Pro's here can assist. This client wants to sell her home but her daughter whom she agree to let stay there for 6 months has been there for 2 years and refuse to le...
Hello all,Who do you know that is an excellent fee only non biased financial advisor. Looking for someone great who I can ask general financial checkup and investing advice and also get help with a Sep or solo 401k b...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $129,000
Cash invested: $18,295
SFH 3 Bed / 1 Bath with full basement, used as a residence for my daughter and her ...
Hello everyone! I am new here: I live in Queens, NY and a friend asked me to find out about a property next to him because he wants to buy it and put a house there for his daughter.
So story is: John was the owner o...
Just got a lead off of my DM campaign. Older lady. Has Alzheimer's Disease. Her daughters called and want to sell the home but want to let mom pass away at home first. They are trying to avoid having to wait 6 months ...