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We own a few units in a 6 unit condo building. The opportunity to purchase 2 more just came up (bringing us to 4 out of the 6)and so we are nearing our goal of owning the entire building. I’m now curious how we go abo...
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I am a landlord with a few rental properties and recently acquired a church with an attached house (rectory) which is on the national register. I have rented the rectory out to help pay the significant expenses of re...
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Hey everyone! I'm looking to purchase my first investment property. I walked through a bank owned home today for the first time. It appeared to have a serious mood issue so I'm wondering if anyone else in Grand Rap...
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I read the below posting regarding 1031 but have a twist on the question of which I'm hoping someone has an idea. NOTE: I will be asking my attorney and accountant but was hoping for additional information here.http...
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Hey guys, so we have a business currently incorporated in the state of Oregon. After researching, we realized that since we will soon be filing our taxes as an S Corp due to exceeding $40,000 in NET income on a yearly...
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I have a tax question regarding the exit of 1 of 3 partners from a real estate partnership and would really appreciate any input:ABC Realty (a general partnership) has 3 equal equity partners (A, B & C). ABC Realt...
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Hello BP Community! My wife and I own a rental property that we decided to rent through a corporate housing company in August of last year. They contacted her and said they could provide above market rent due to using...
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Guys i need help here. I formed a LLC company in 2015 and i let it automatically dissolve last year(2017) by not filing an annual statement on Sunbiz.org. i did it on purpose because i was planning to sell my only ren...
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Hello BP members, I have a prospect who has applied for rent for one of my SFR rental but during my processing of the applicant. I found the new job the prospect was hired for (Provided me with a job letter stating th...
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This is a 400 plus count manufactured housing (+55) community where the residents own their own lots. The HOA has fallen to such a low that a police officer is required at the board meetings to stop the violence. Th...