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My property management contract contains a "Hold Harmless" clause which provides as follows: "Owner agrees to indemnify, defend, and save Agent harmless from all suits in connection with the leasing and managing of th...
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So what's the problem?Often times when I'm trying to find one of my old posts, the only way I can find it is to scroll through the pages and pages of them listed under "All Posts" for me. That's hard to do though if ...
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I own a primary residence in CA that I’ve lived in for >2 years. It has a 30 year fixed mortgage and low interest rate. My sibling/business partner would like to give me X amount for 50% ownership and we transition...
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Seems to me, reading the instructions for form 990-T, that UBIT only applies to assets held less than a year. In the instructions for Line 4a—Capital Gain Net Income, the IRS says:
Generally, organizations require...
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I'm new to real estate investing, and am looking to learn wholesaling. I am closing on my first rental the end of this month, and looking to use wholesaling to fund future deals. I would like to meet, and learn from o...
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I was looking at a property here in DFW near Grand Prairie that was built in the late 1960s. The problem with the house is it has numerous cracks on the interior of the house. The seller told me they did quite a...
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I'm a new full-time real estate investor, and I'm having trouble figuring out my strategy. I've developed a relationship with a mentor that does new SFH/2-4 flat development, SFH/2-4 flat fix and flips, wholesaling, B...
I own a commercial building with my spouse as an LLC. We file a partnership tax return for the LLC and its not treated as a disregarded entity and have a very low basis. I have been approached by an Investment group t...
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I have a small 8 unit apartment with a common area between the two four-unit buildings. One of my tenants is illegally parking a motorcycle in the common area and leaving bikes in another part of the area. Can I leg...
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I have two properties in Jersey City. One is a condo. I'm going to confirm how much of the dwelling is covered by the association but what is a good rule of thumb on telling how much it would cost to redo the fixtures...