Sharee Mason
Counting empty lots in pro forma
I have a client trying to purchase a mobile home park. It has a few empty spaces. The seller has those spaces listed on the pro forma income/expense sheet as what they would bring in if they were occupied. My quest...
Zach Hodge
Dallas Tax Expert Recommendation & Anyone's Thoughts on Situation
Hey Guys,I'm considering selling the duplex I renovated in College Station and I don't know if I need to talk to a Real Estate Accountant or a Real Estate Attorney about my tax considerations. I have an interested bu...
Zach McLean
Neighbor’s Garage Foundation - No Permit
I purchased a home 2 years ago and am now looking to refi into a second home and rent out my current house.Our neighbor installed a massive foundation that’s an eyesore and visible from our backyard patio (not to ment...
Dennis Nikolaev
Liquidating a San Diego condo Portfolio
I got a mind-bending challenge.I want to liquidate my 6 rental condos and move the funds into one larger property.The condos are all over San Diego and the leases are all over the different months.I can't imagine a re...
Justin Polston
Local bar owner looking to sell, tax implications/capital gains amounts if owner lives in property (and has for 40 years)?
Hi all, I listed a local bar/tavern recently and the owner lives in the upstairs and has for quite some town. When the property sells, what are the tax implications for the seller? There are no liens, mortgages, or...
Anna Watkins
Terms for letting tenants out of lease?
Tenants who moved in with a 12-month lease in April sent an email today saying a parent is buying them a house, it happened quickly, and they will be moving out September 1, only 4 months into the lease. They've been...
Nikki Grizzle
Should I be skeptical
As a new investor I am so excited when I see the opportunity to acquire a new home. However, this excitement is one of the reasons why we newbies make mistakes. My husband and I are looking to get our feet wet with ev...
Elliot Mendoza
How do you purchase real estate while overseas?
Hello from happy Afghany-land.
So, I've done a good bit of reading over the last month or so since I registered on here. And I'm either showing signs of an infection(I'd blame the amazing food here) or developing tha...
Dan DiFilippo
Is Multi-Family Getting A Bit Crowded?
I'm a broker in the Fort Bragg area in North Carolina. It's an opportune area for investing and we've seen out of state owners bringing more money in over the last few years. Particularly, people go crazy over multi...
Wesley Branaman
MHP owner buried in taxes, will only 1031 or let it go.
So I have a lead on a mobile home park. The owner called me after my first mail campaign to him. Our conversation was a little odd because he said he didn't want to sell the park, he only wants to do a 1031 exchange b...