Kevin J.
Period of Forbearance
I did some research on avoiding foreclosure for mortgage borrower and didn't find that much about the period that lender usually agree when borrower and lender enter into forbearance agreement. I understand there are ...
Nathan H.
I'm a full time RE Investor wanting to buy a new primary - Colorado
Any MLOs out there that would be interested in working with me in Colorado? My income is difficult for an underwriter to understand. It's inconsistent and consists of various types of income (ie. LTCG, STCG, rent inco...
Patrick Hartnett
Tax Implications of Sale of Multi-Family (Primary Residence?)
I made my first real estate investment roughly 5 years ago, purchasing a 2-Family as my primary residence...living in 1st Floor Unit with my wife and we renting out the 2nd Floor Unit to tenants.
We're about to sell ...
Matthew Cater
House Hacking Questions
Some general questions about house hacking:
1. Tax question- If a person purchases home 1 as an owner-occupied personal residence house hack and then moves out the next year and purchases another owner-occupied resid...
Brian Zaug
Rental losses against personal income
Happy Friday! Cheers!So my wife and I are both teachers in NY. We grossed $251,000 last year on our w2s and we file jointly. We purchased 2 rentals properties (2 duplexes) last year and with the work/renovations ...
Stephanie Cristiano
Offsetting gains and/or recapture with suspended loss carryover
I am trying to decide whether to do a 1031 Exchange or to sell an investment property outright. I have suspended loss carryover associated with the property. I often see general guidance such as follows: "If you ha...
Horacio Gutierrez
Depreciation after 1031 exchange
Hello,1. If I do a 1031 exchange on the rental property I buy will I be able depreciate for another 27.9 years?2. If I sell my property and I dis 1031 exchange properties before will I have to pay depreciation on all ...
Tyler Painter
Requesting a Schedule E
Hello, I am in the process of purchasing my first multi family property and ran into something that doesn't seem normal to me. From my understanding it is not uncommon to ask a seller for the Schedule E. Also my bank ...
Gideon Blustein
Landscaping and lawn maintenance: what to do???
I’m rehabbing my 3rd SFH and plan to hold as a rental. My goal is to outsource busy work so I can focus on financing and finding deals. One sticky widget I need advice on: what about basic landscape maintenance??? Spe...
Mahesh K.
buyout of property in partnership ... what is my new basis?
Folks,My partner and I bought a house for $150K in CA a several years back. The property is now valued at $300K. My partner wanted to sell the property or have me buy him out for $120K. So far we have about 25K in acc...