Good evening!I have a primary residence that is deemed - 80% rental and 20% primary on my taxes. I am renting out majority of the house.Entity holding question: When selling and doing a 1031 exchange, I believe you ha...
I'm looking for some advice. A friend from out of state is in the process of doing a 1031 exchange, he already has an attorney handling the 1031. This friend reached out and said he'd like to invest in 1-3 properties ...
I own a rental property in a new neighborhood where the developer is starting to turn over the homeowners association to an elected board. Because of complaints about the relatively few rental properties in the neighb...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $197,500
Cash invested: $49,500
Part 1 of my 1031 exchange of selling one of my older properties that was not perfo...
Anyone have recommendations on who to use for a 1031 exchange? I’m located in NJ but unsure if that even matters. What was the process like? This is my first exchange. Any advice is most appreciated.
BP, I did a walk through of a potential property this morning. The comps from our realtor and the tax assessors office show the property as having 2.5 bathrooms. During the walk through we found that the property ac...
I just spoke with a few title and escrow companies regarding wholesale deals in Virginia, and a lot of them are stating a new law has been passed that doesn't allow them to do wholesale deals. Does anyone know a comp...
Did you know that Airbnb has HUNDREDS of local host community groups on Facebook? One of them is bound to be in your area.Join these groups in the markets where you own and operate your STRs so you can ask for LOCAL ...
I have a sfh that I've owned for over 3 years. It has never been rented out. But that was the original intent at the time of the purchase. Then life happened. Property was sitting on sideline. 3 years have passed - t...
I’m am getting ready to close on a 4 unit but also would like to present a creative solution to the seller for his primary residence. Any advice? The seller is in his late 80’s and not in very good health. Not marr...