David Sicherman
Can Personal Credit Judgement Encumber Real Property in Florida?
In the state of Florida, I was always told unless specifically shown a legal in a judgement for a property, personal judgements like credit card, car loans, gym membership judgements cannot encumber real estate. I kn...
Albert F.
Have someone used hard money lenders to real property?
I have been sitting on the fence for quite a while about getting hard money to start the first investing. I keep hearing it's good way to star. My problem I'm so scared since they charge higher interest and points, an...
Account Closed
Any experience with Real property managment edge in Indianapolis
I have been using RPM edge in indy for a few months and I would like to know if anyone can share some experiences with me about this company? If you have a negative experience with the company, do you have any recomme...
Elisa Charm
JBF Real Property Inc. Has experience with this company?
Hi everyone,I am about to start a rehab/flip project in Forest Park, IL. I am in need of a good, honest, and well experienced contractor. I am considering the JBF Real Property Inc for the job. I spoke with Franklin D...
Keith Meyer
Allocating Purchase Price to Real Property and "Goodwill" Value
I noticed in a recent commercial Purchase and Sale agreement I came across that the buyer in the agreement allocated 70% of the purchase price towards the Real Property, and the remaining 30% to the business enterpris...
Account Closed
Transfer 50% interests in real property to LLC - Tax
Hi all, I have a property, 50% owned by my IRA account and 50% owned by my wife and I. I am transferring the 50% my wife and I own to a LLC. The 50% owned by my IRA is unchanged.When I make the transfer, the grantor ...
Brett Synicky
Do heirs get stepped up basis for real property
Here's a question for all you probate attorneys out there. My guess is that it's a softball but google couldn't even hit a slow pitch so here I am. Scenario: Two brothers own a piece of real property together 50/50. ...
Mike G.
Does "De Minimus Safe Harbor" apply to real property?
I have been reading mixed opinions on this question in multiple forums and wanted to see if anyone had any references or could provide for further clarity. According to IRS regulations, "Under the final tangibles reg...
Albert F.
Have someone used hard money lenders to real property?
I have been sitting on the fence for quite a while about getting hard money to start the first investing. I keep hearing it's good way to star. My problem I'm so scared since they charge higher interest and points, an...
Stephen Gregory
Bonus Depreciation for a 1031 replacement property
Hey guys,Can you apply bonus depreciation for a replacement property placed in service April 2019?So quick background, the relinquished property was bought in 2016. We held onto it for a few years a did a like kind ex...