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My parents are looking to donate or sell a rental property to me and my sister and I’m trying to figure out which would be best. I plan on taking out a loan on the property (which is paid off) in order pay down debt a...
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Hi all! I have been living in the Boston area my whole life, always dreaming of becoming a real estate investor. Over my adult life, I have read countless books and done a number of "fake" analysis on properties to tr...
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I am considering donating some weekend stays at my vacation rental for some charity events. Have any of you done this and if so would this be a tax write off?
I have never read about this scenario before.
Thanks for...
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Hi All,I have a friend that had a large single family rental portfolio here in Chicago in 2012. He ran into some financial trouble, went through bankruptcy, and ended up with a remainder of his initial portfolio, abou...
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I am helping a client dig into this type of transaction and I'd love to speak with someone who has been down this road before. If you have, please reach out!
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I have a piece of land in Thurston County I am thinking of donating since it will help minimize capital gains. I need a charity in Washington state that does not have an extremely high minimum value. The tax exempt or...
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LOOKING FOR A HOUSE AND MAYBE A LARGE LOT DONATION FOR MY FRIENDS .
THESE LOVING PEOPLE HAVE A 1200 SF HOUSE.
THEY HAVE 12 KIDS OF THEIR OWN AND HAVE ADOPTED 3 MORE AND ONE MORE IS A PREMIE WAITING TO COME HOME.
T...
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I did a walk through on two of my units the other day. Everything checked out fine but I noticed in one of the units it looks like the tenants daughter ( 20’s) is sleeping on the floor? I did not ask to verify if she ...
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Hello I am hoping someone can walk me thru the following hypothetical situation:Property purchased by an LLCRented to Charity for: XRental Income contributed back to Charity 100%: XPlease describe what this would look...
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Hi BP,I have a friend of mine bought a land through tax foreclosure auction...he bought it without doing any due diligence ahead of time, anyways he found out its a very small lot and worth nothing if he is trying to ...