Julian Martinez
Biggest & Best House in C- Neighborhood - Sell or Keep as Rental?
We are debating between selling our first primary residence or keeping it as a rental. It's a beautiful custom home, one of the biggest and easily one of the nicest homes in a so-so neighborhood of Oakland, CA (i.e. "...
Lex Shan
Tax: Transferring property from LLC to husband and wife name
My wife and I own an LLC 50/50 and the LLC holds title to residential properties. To take advantage of lower interest rate, all banks require us to hold title in personal names. I was told transfering proeprty from LL...
Jason Merchey
Lending in South Carolina
My attorney did a search and talked with some colleagues and determined that I would need a mortgage broker's license to lend private money. Since 9/17 it has been law. Some folks are still doing it, of course. Maybe ...
Chris Fuller
Anchor Loans and Aloha Capital Scams and not licensed
I would stay away!! Peerstreet buys Alohas notes and Aloha still tries to service the debt that is not theirs. This is illegal!! They are a lender that will set you up for failure. They are currently in litigation wit...
John Corey
Achieving USA accredited investor status?
I am familiar with the tests that involve one's annual income or one's net worth.While researching the topic, I saw the following in Investopedia. In 2016, the U.S. Congress modified the definition of an accredited in...
Matt Ess
Turning primary to rental as pre-plan for future 1031 exchange
Hello experts on the 1031 topic,I have searched many posts on this forum and have found lots of great info on 1031 exchanges. I have learned A TON, however I don't believe I found the right answer to my particular ...
Chris Ghemm
What is the maximum rent increase for a Single Family home in California?
I rented my first home to a relative 6 years ago. We never increase for the first 5 years but then I saw somewhere that you can't rent your home to a relative for way below market price. I also read somewhere that the...
Gui Qiu
Non U.S. Citizen + Buy property = 40% taxed upon death?
I am wondering if there is anyone else noticed about this issue, if you are a non U.S. Citizen you don't get 5 million U.S. dollar tax exemption and it doesn't seem likely possible to have an workaround for this (e....
Jon K.
SFH zoned for Church use, any concerns converting it back?
I posted about this property in the past, looking more and more like it may be a deal. There's an off market SFH currently owned by a church. It's in a residential neighborhood and at one time was somebody's residence...
Margaret Feit
TN Franchise & Excise Tax on Sale of Property
My husband and I own four STRs in Tennessee. We run them through a Tennessee LLC for accounting and management purposes, but we hold title in our own names. Even though the LLC doesn't actually own the properties, we ...