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So a piece of property in terms of capital or ordinary treatment, relies heavily on the items intended use in the taxpayer's hand.It can turn an otherwise capital gain into an ordinary one. It may even disallow previo...
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Hey BP! How do I go about finding out how much my current house appraises for? I know I can look at Zillow or Realtor.com but I hear they don’t really provide accurate results. Any guidance would be greatly appreciated.
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What is the general purpose of a title company for a real estate investor? What should I be looking for to compare different title companies?I need a good copy of an assignment contract and contracts for double closin...
I am advising a client who is looking to expand his real estate holdings. He currently owns a $4,000,000 primary residence with a $850,000 loan balance. Also owns a $1,800,000 4plex free and clear, $1,400,000 condo fr...
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Hello Everyone,
I'm excited to share that I've been on a journey to purchase my first house hack, and I've finally come across an intriguing property. The seller has proposed "Contract for Deed" financing, which appe...
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Be Careful When Choosing Comps.By Scott A. Meitus, October 20, 2016When an apartment investor is evaluating a potential acquisition, the properties selected for comparison to the subject are critical to developing a p...
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Ok, newbie question I guess...when I'm looking at a duplex vs a SFR and I'm looking to sell is my research for it's value based on it's NOI or just with what other duplex's in the area sold for? I'm thinking about ...
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I purchased a property in Dallas PA with a HML for $70k and put $70k into it. As you can imagine it was completely redone. The HML required an after repair appraisal And the appraisal came in at $200k. I went to do a...
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Hello,I am not a lawyer, but I am curious on what people are doing. I have two single member LLC's which hold rental properties owned by me (I like to keep a 3 or 4 properties in each LLC).However, for marketing purp...
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I run a family owned general contractor business (custom homes). However, I am not a registered principal of the company (s-Corp). My mom and dad are the two registered principals as they started the company 30+ years...