Natalie Schanne
Pitfalls? Avoiding Transfer Tax -Flipping WITH the original owner
What are the pitfalls to having a contract with an owner to "flip" his property while he still owns it 100%? Does anyone do this successfully to pocket more money and/or utilize owner "private financing"?For example: ...
Jason DeFazio
Title Transfer to LLC - Avoid Due on Sale Risk
Hi All - my business partner and I jointly own a property in the Philadelphia area and we'd like to transfer ownership to our LLC. However, our property is still mortgaged so we want to ensure this doesn't cause any i...
Marcin Wrona
How to avoid trouble with tenant that creates accusation?
I am just curious how to protect myself from tenant accusations of hurting himself in the house because of things like: - "the doors are too narrow and I am disabled" or "your stairs or stair case to the patio are too...
Vinay C.
Looking for tips / pitfalls to avoid on commercial leasing
Hello fellow BPers,I wanted to get some advice from the trusted BPers on commercial leasing. I found a commercial property to start a business in the Glendale / Glassell Park area (Los Angeles, CA). I am currently neg...
Kelvin J.
Avoiding capital gains tax on a short term rental
Hi all.I purchased a property recently with an investment loan, rehabbed it and let it out under a 1-year contract while I live in rented accommodation. I'd like to sell it soon after the contract is up and want to av...
James Bartlett
Strategies for avoiding no show tenants for property showings?
This is a two part questionFirst, what is your best way to avoid waisting time waiting on a perspective tenant who doesn’t show up?Secondly, Is there a user friendly app or website that allows perspective tenants to s...
Agustin Rossi
IRS rules: avoiding taxes on up to 500k profit
Can someone please explain the IRS rule that allows homeowners to avoid paying taxes on up to 500k in profit from selling their primary residence? Like what is the specific criteria that this deal and property has to ...
Sergio P Ramos
Can a seller legally avoid closing on a deal?
I recently went under contract on a property through my wholesaler. On closing day, the original seller (not the wholesaler) decided they did not like the terms agreed upon. At this point, the earnest money has been c...
Adam Koch
Private REIT in Self Directed Roth IRA Avoids Taxes?
I'm considering investing in two private REITs within a self directed Roth IRA. The specific funds are DLP Lending Fund and DLP Housing Fund. They invest in 1st position real estate investment loans and direct real es...
Carson Wilcox
Leveraged purchase BRRRR... How to avoid 6 month seasoning?
OK... I am targeting a 4plex for a BRRRR. I have read a LOT... but what I am missing... is how I can avoid 6 month seasoning and double closing costs for a BRRRR. Properties in Ca. are 350k + so I will be fully lev...