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Hey BP,
I’m reading Managing Rental Properties by Brandon Turner and have a question about pre-screening and rejecting tenants. In this section of the book, Brandon lays out 7 types of tenants you don’t want to rent ...
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I bought a single tenant commercial building in June of 2015. I planned to hold long term. The month to month tenant just moved out last month, so I've been marketing to find another tenant and have some good possib...
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Hi.I am set to borrow 130k to buy and rehab a property at an 11 percent interest rate (I only have to pay the monthly interest and closing fees) from a private lender. I expect the home to appraise at 170k-200k in 6 m...
Is it possible to utilize a 1031 Exchange for vacant land? Specifically can I use a 1031 to move from parcel to parcel? Also, what is the interaction between owner financed land and a 1031 exchange? Finally, how many ...
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I'm planning on purchasing a property (condo) soon. I was wondering if there is anything that might prevent me from exchanging it for a rental property like a duplex or a triplex? Do I need to rent the condo first in ...
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I performed a 1031 exchange last November 2023. I have found another property of interest and I am considering selling the replacement property from this previous 1031 and using it to 1031 into this new property. Is t...
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Hello all I am a member of a local landlord association/Fox Valley Apartment Association/www.fvaa.com and we are working on improving our message/marketing efforts to increase our reach and improve deliverables f...
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I recently purchased a single family with the intent of fixing it up and renting it. As I finished the rehab, I received an attractive offer from a friend who wanted to buy the property. I agreed to sell it and will b...
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Looking for a Tax Strategist in the Kansas city area. Wanting to discuss structuring rental property LLC's with holding company (management) LLC. Thanks!
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I heard only rental properties qualify for 1031, but not flips. Is this true?