Next year my parents plan to sell two of their rental condos and exchange for a single family home that they will rent out to me. I have a question on the 45-day replacement properties. Are my parents obligated to onl...
Hello all, I am fairly new to bigger pockets online forums but I wanted to just throw some ideas that I have at you guys to see what you think. I am 27 and live in NY my parents are getting older and I am thinking of ...
Hello –
I'm looking for confirmation of understanding/ advice relating to transferring property into LLC and treatment from a tax perspective
My parents completed a 1031 exchange over 2 years in their own names – t...
Hello! My husband and I recently purchased our first rental and I just got it rented out to a group of college students. We specifically purchased the property in hopes of renting to college students and I’m excited t...
Does anyone know how TIC's affect 1031 exchange inheritance rules? Specifically if an heir was looking to co-invest with their parents in a 1031 exchange property, typically this would screw up the estate inheritance ...
I currently do not owe a house, but my parents have thought about doing a HELOC (home equity line of credit) to help me buy a side-by-side duplex. I am wondering about all the details for a HELOC. I was told it can ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Jupiter.
Purchase price: $460,800
Cash invested: $10,000
Duplex property with 3-bed/2bath units. Currently house-hacking t...
I recently bought a cash-flowing duplex and SFH home. I am house-hacking the SFH and the split will be somewhere around 28% personal and 62% business. Some of the money I used was my own, but I also borrowed multiple ...
Hi,Expanding into PM from RE and will be using Buildium. I am trying to set the chart of accounts up so I can run the books for both the RE and PM side of the business through Buildium. For those that are doing this...
I'm a 31 y/o recently divorced single, self employed horse barn owner and riding instructor. I made the mistake of trusting a "highly recommended" mortgage broker and got myself in a bit of a pickle and I need guidanc...