Mark Douglas
Not Sure What The Best Option Is
Hi all, I'll keep this brief.I've got a 4plex in Clarksville that I bought in 2017 for 195k. I recently got an offer to sell it for 520k. After the mortgage payoff and realtor commissions, I'd clear roughly 320k.I'v...
Lisa Gerard
filling out W9 form and receiving 1099 for SDIRA earnings
Through my SDIRA I've invested with a company that now is asking me to fill out a W9 form and will presumably then send me a 1099 for the earnings last year. I'm not sure if I should fill it out with my name and soci...
Keith Sutton
Subjecto mortgage is higher than rents in the area
So I have an opportunity to get a subject-to but the mortgage payment is higher than the rents. Is there anyway to make this work? Below is the information. Thank you
Bought the house for $240,000 with a balance of $...
Jack B.
Buying house with unpermitted addition?
House is listed as 1,300sf 2 bed, 1 bath but the description talks about the 900 square foot addition, which is:-A MIL apartment with full kitchen, living room, dining room, laundry room, and full bath, with separate ...
Matt C.
What is the best area in Houston to own a rental?
A few days ago I was talking to a friend about rental properties in Houston and we were debating where is the best area to own a SFR. Obviously most rental properties are great at the right price, but specifics aside ...
John Devine
New Investor ready to buy in Florida , Cape Coral area
Hi everyone. I am a new investor. I sold a Airbnb property that I used to live in while I was active duty in San Diego. Bought at a good time, sold at a good time. I have to spend almost 400k to keep free of taxes...
Sergio V.
Looking at 33k sqft building in downtown Providence, RI
Hello everyoneI am looking at a 5-story commercial building with a separate (almost) 10k sqft lot in downtown Providence, RI. The building is historic, sits in an opportunity zone and the price per square foot is extr...
Eduardo Sagues
Cost segregation study when property under personal name
Hi, I'm buying a rental in GA with a partner. Both names on the title. We will remodel it and hold. The property is under our name, not under an LLC. Can I do a cost segregation study?thanks
Shafi Noss
Tax in a Life Estate Sale
This is not a situation I have in front of me but I'm doing some exploratory thinking. What if I was talking to an elderly couple that were concerned they would run out of money but want to continue living in the hous...
Devang Patel
LLC Setup questionss
I am from NJ and my partner is from Vegas and we are hoping to partner up in order to invest in out of state turnkey rentals in Georgia and other states where opportunities arise. Where do you suppose the LLC should ...