Hi All,I want to buy a property in an Opportunity Zone. I know the the rules require the purchase to be through an LLC or partnership that is a Qualified Opportunity Zone Fund entity. Does anyone know if there is a pr...
I’m looking into buying a mixed-use property. It was once residential with a main house (1800 sq ft) and small back house (750 sq. ft). The main space is used as an office for a non-profit organization and currently h...
Hello Folks,
Can I sell a rental property and do a 1031 exchange into existing rental properties assuming the value of the investments remain the same.
Thanks
Chetan
Scenario 1) Buy a 65k house with 10k down, 7k to HML fees and closing costs. All in cost 75k. Resell for 100k on owner finance terms. PML refinances me out for 75k.Scenario 2) Buy the same house with private money fro...
I was thinking about adding a secondary resident to my existing property. Is the city of Los Angeles allowing the building of a second residence over a pre existing structure?
Hey guys,Looking to shed some light on finding a management team that can handle LIHTC properties in Columbus Ohio. Is there a way to find a qualified property manager or does anyone have recommendations? TIA!
Had an interesting discussion in the Department Heads group today where our CEO who has done more than 3000+ transactions and has an industry experience of 20+ years opined on the possibility of the election results i...
Hi there,I came across a section on appurtenances in my RE course and wanted to explore a hypothetical. First, here's an example of subsurface rights as an appurtenance (from the course):ExampleAn oil company buys the...
Hi All,I have been searching the forums about pulling permits and I have also talked to my local jurisdiction, where I am rehabbing a house for a rental. It is mostly cosmetic (paint, floors, etc). The largest part ...
Hello,We had a lease transferred to us that began in 2018 prior to the new rental law enacted this summer. The lease ended in May of 2019 prior to the new rental law being enacted. I have a couple of questions regardi...