I have a question about how to handle depreciation of an owner-occupied residence where we rent out rooms. We placed one room in service in 2014 (25% of home) and filed the 4562 form for 25% depreciation of the buildi...
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Does asking a question in an ad ie: "Is your money earning you 8%, 10% or even 12% Returns?", and then supplying someone information on Trust Deed/Private Note investing, in violation of SEC Reg 506 D ruling in regard...
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We have a property in Crown Point that was put into a 3 year lease with option to purchase in June of 2017. The tenant put down $3,000 option and paid $1700/month for the rent. They were also responsible for all uti...
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If you own a business even if it's a pass through LLC for your real estate you have to file a BOI Report by the end of this year.BOI stands for Benefit ownership information. It's a one time free filing made to the F...
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Hello BP community and thanks in advance for any responses. I have been a landlord for 10 years here in Asheville , NC and have just gone through my first summary ejectment. The tenant did not show up for court and I ...
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Hi, I sold a rental property that was rented for 16 years in CA this year. The net capital gain was $480,000. Depreciation taken was $100,000. Escrow already withheld CA State tax. I'm retired in FL with $25,000 socia...
I recorded a "Deed of Trust with Assignment of Rents" yesterday at the Los Angeles recorders office and the recorder said $70, I said, wow, that seems like a lot for a 4 page document, how come it's so much, he sai...
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I was under contract on a duplex in Missouri and the financing fell through.
Its within the 45 day Loan Termination Deadline period, and the sellers agent was made aware.
Long story short - the seller got mad and i...
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I'm not particularly interested in owning real estate directly, so I look at both syndications, private real estate funds, a simple REIT index fund. I generally only invest in syndications in tax-free states or in sta...
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Are there any other benefits to putting a property in a trust VS LLC aside from when in a trust there is a beneficiary designated should the trustee pass away so it is clear who the property would go to.
I guess thi...