Brandon Giarusso
1031 exchange after a buyout from a property
Im invested in an industrial building. My LLC owns 33% of the building. We have been offered a proposal to be bought out. Can we take our profit from the buyout and 1031 exchange it into another property? Or is this n...
Paul True
Common Expense Allocation
I have searched far and wide turned up little on the matter of common expense allocation. So what is the proper way to allocate common indirect expenses not attributable to any one property across a range of propertie...
Jeff Sullivan
Partnerships and tax implications
I currently own 5 SF rentals with a partner. All conventional financing... some houses in my name and some in my partners. Is there a strategy that would allow us to each claim half of the income and half of the mortg...
Jacob G.
Slab on grade foundation issues?
Hi all,Im viewing an SFR house this afternoon with a slab on grade foundation (basically built on concrete, no basement). 1000 sq ft.Has anybody had any issues with this type of property?(Im in Canada)
Kris Mayor
Inquiring about Seller Financing
Hi there! While I may be able to pull together a downpayment, I currently don’t qualify for a bank loan for a mortgage because my debt to income ratio is super high. I’ve heard about seller financing. Is this commo...
Hector Lewis
Waiving Lead-Based Inspection on Investment Property?
Hello,
I am in the process of making an offer on an investment property in Detroit. This is my first property in the Detroit area. On the offer, the real estate agent wanted to waive the Lead-Based Paint Disclosure...
Dave Garlick
What account pays for common expenses
I just closed on my first deal consisting of two duplexes next to each other but they are on separate parcels. We did do two separate conventional loans which was recommended by the lender. I know there are a lot of o...
Ian Dale Ibrado
Room rental home layout.
Looking to do room rental as first investment. What do you guys have as layout? Majority of homes in canada has basements. Looking to to make a basement 100% bedrooms. What are your thoughts on that? Not having a c...
Dan Park
How to Set Up Residential Mortgage Loan and Partnership?
Currently, my partner and I are looking to pool funds between a few investors to invest in rental properties. After looking at both residential mortgage and commercial loans, I would like to investigate residential lo...
Anthony Freeman
Companies that provide liquid
Has anyone had any experiences with companies that will provide liquid based on the equity in your property? Not a mortgage but more of a contract?