Jordan Burnett
Investing in Public REITs (eg EQR) For Pricing Concessions
I know this is not exactly a mulitfamily topic, but it is related. Are any of you taking advantage of the pricing arbitrage on public REITs during this pandemic to get ahold of some actual discounts? Pricing concessio...
Nathan Williams
Should I be worried about the UBIT / UBTI tax and an SDIRA?
Hi All,I am interested in transferring funds from my IRA held at a brokerage firm to a SDIRA with a custodian. I've done my homework on SDIRAs and I am aware of the benefits and the restrictions. However, my tax attor...
Caleb Heimsoth
Fair Price to Form an LLC?
Hello,I want to form an LLC to hold my properties, and will be doing this in Ohio. I just got a quote from an attorney there for 1000 dollars to form the LLC for my future properties in Ohio as well as the one I'm ab...
Matthew Malley
Primary Residence and LLC
Im currently in the process of purchasing my primary residence and have about a month until closing. I am also a part of a 3 person LLC that owns and manages a STR property - I own 40% of the business. We’re also in t...
Shari Peterson
Are you losing short sales because lenders are choosing foreclosures over short sales?
I read this post on Short Sale Daily News (http://shortsaledailynews.com/banks-make-more-money-on-foreclosures-than-short-sales/) that banks are choosing foreclosures because they make more money by making a claim on ...
Josh C.
What to do with 100k in equity on first flip?
I bought my first foreclosure flip for 213k, put 25k into it (238k note), and now will sell for around 350k to 360k. After all expenses paid, I should net around 90k-100k. With the goal of buying and holding and doi...
Michael Plaks
Refinanced interest - is it tax-deductible?
This post is meant for my accounting colleagues - an invitation to debate, basically.Let's consider scenarios.1. (clear) You buy a rental with a $100k loan. Two years later, you refi into a new $100k loan with better ...
Mindy Jensen
Looking for a landlord tenant expert in security deposits
Hey y'all!A friend rented an apartment in Raleigh. Two years into residency, they asked for a security deposit, and are now claiming that damages exceed the deposit and will return none of it.There was no walk through...
Taz Zettergren
In Need of A Non Recourse Lender
Does anyone have any experience or recommendations for non recourse lenders that will cross collateralize loans for properties in a retirement account? I have several clients that have a lot of equity in homes they pu...
Peter Padalino
1031 Into a Vacation Rental?
I own a highly appreciated SFR in AZ and am planning on selling once my current tenant's lease expires early next year. My thoughts are to 1031 the gains into a vacation rental (or possibly a full time rental). If I o...