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Looking for advice on how to get started in multifamily, with not so good credit. I currently have almost a 600 credit score and was shot down on an FHA loan, minimum is a 620-640.I am looking for any help with quick...
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We bought a property in 2019 using a 1031, now we want to refinance that property but as part of the re-fi we want to move it into an LLC.
Will the change in title (ownership) trigger a tax bill because we used 1031...
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Do you think it is better to sell a property with an owner finance deal or rent it? Owner financing would consist of 20 percent down with 5 percent interest over 20 years or 20 percent down with balloon payment in fiv...
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Today news came out that NYC owes health benefits to its retired employees to the tune of ~99B! The source was the CAFR:New York City Owes Over $100 Billion for Retiree Health Care(Bloomberg) – New York City faces fu...
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Hello everyone I just sent out some mailers for properties on the Judicial Sale List this December. Got a call on Saturday for a house.
Quick background, the house is in an estate and there is no paperwork showing t...
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I have a property 90 miles from me. It is near TPC chemical plant in Port Neches which had an explosion this morning at 1 am.My tenant reported that they are fine but 3 windows are gone and the garage door is bent. ...
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A lot of noise has recently been made about incoming 1099 expansion.Good news first: at least for now, the IRS cancelled its plans - https://www.irs.gov/newsroom/i... This relief is temporary, only for 2023, but we ...
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I am wondering the type of tax treatment for vacation rentals such air bnb, vrbo etc. Are rooming houses considered the same as vacation rentals? Assuming there considered passive? Please share your experience and adv...
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Just wanted to share some good news we received today. Three years ago we purchased a 14 unit apartment building with 100% financing (how we did that is a topic for another post). We're currently in the midst of ref...
...........Orange County CA, according to this article in realtytrac.com, in terms of annual gross yield percentage - 5%. Median sales price was $535,000, and average FM rent was $2300. I do not judge. Simply reportin...