Received a $1M offer on a 16 unit building that I purchased back in March - leaving me with a nice profit.However, I am expecting 30% in short term capital gains between the state and federal and a prepayment penalty ...

I am new to the landlord business.  I just bought a property & inherited 3  tenants in one unit.  One roommate wants to move out & be off the lease.  The lease is valid until 31 Dec 17.  2 other roommates have...

Hello all,I think I found a deal!  It's a 10 plex value-add apartment.  I'm in the process of coming up with an offer price so I have a few things I am hoping that someone may know the answer to...1) I'm including the...

Hey all -

As I understand it one person or company can complete 5 land contracts and only be taxed on the actual payments (installments of say $1,000 / month).

However - if one person or company does 6 or more land...

I'm selling a rental I've had for several years now and will profit over $200,000.  In addition I have some cheap private money allowing to make a purchase in the realm of $500,000 cash. 
My plan is to sell this prop...

I really want to provide my seller with some options to reduce the taxes they'll pay if they sell me their property. By helping them solve their problems, perhaps I am their first choice for the sale. Here's a quick s...

A roofer is asking me to hire a Public Adjuster (PA) to negotiate a hail claim with my insurance company. The roofer sent me a 1/2 page contract that would let the PA work on my behalf for $225/hour with no cap. I'l...

Hi, I have a duplex near Newark NJ that I purchased 4 years ago under my name, and have since turned into a rental a couple years back. I'm thinking about doing (my first) 1031 exchange into a 4-6 unit property. Befor...

Hello everyone,I’ve been lurking the forums for some time and using the search bar to find this but to no avail.
It’s a house hacking tax question.
Anyway, a bit of background on my particular scenario: I bought my ...

I have an executor who would prefer to sell to me rather than pay for listing. The reverse is about 100K over market value in current condition. He wants to be able to pay off the grandchildren named in the will to...