Hi,I own a 4 family house where I lived there for more than 6 years. Then moved to another state in the past 1.5 years. I want to sell this house and it’s 1.4mm. The purchase price of the house was 700k and has around...
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We are currently in the process of purchasing our first investment property, (cash purchase). It is an old farm house on 9 acres. We are dividing it into 3 acre tracts and keeping the house and 3 acres for a rental. O...
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Hey guys, does anyone know, if 2 or 3 members are in an LLC and one member of an LLC passes away. Lets say there is a house in the LLC.How does it all work out then? Do the remaining members have to go through probate...
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I'm looking for a good, reasonably priced cost seg consultant. Any recommendations?
My portfolio is comprised of 4-plexes (4 now, and likely 5 more before year end) all in the same area.
Thanks!
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Hello Everyone Thank you for reading my post,
I am wondering what percentage monthly, you guys allocate towards expenses such as vacancy, maintenance, and repairs. When you are looking at new properties. Thank you.
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Hi,I have separate accounts setup for security deposit in Baselane. When I receive interest next year would I be responsible for paying the tax on that. How do people allocate tax to the renter rather than paying it t...
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Can I rent out a couple of room of my house and do 1031exchange after 3 years
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I heard somewhere that there is a seven dollar per diem write-off allowed for food when visiting a rental property. Does anyone know if this is correct? Seems a little low.
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Hi Everyone! I am located in Northern CA and after some serious conversations with a close friend of mine for years, we decided to partner up and start fixing and flipping homes, specifically in the East Bay market. M...
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I am interested in buying a 2 unit commercial property with an SBA loan. I have 1031 Exchange money and my own cash to fund this. In the larger unit I want to open a business and I will lease the smaller unit. Both...