Adir Schneider
Question about 1031 Exchange, Need masters !
Hi,My situation is:I have %50 Equity in a property worth 1M and would like to sell 2 properties which under different entities and buy the remain part of the property worth 1M, how differ the taxes this way on the p...
Abdulmatin Sanni
Understanding What Escrow Is
Hello, I need some clarification on what escrow means and when it comes into play, is the escrow period after the contract has been signed but before closing? and do all buying and selling real estate transactions inv...
Shari Peterson
Are you losing short sales because lenders are choosing foreclosures over short sales?
I read this post on Short Sale Daily News (http://shortsaledailynews.com/banks-make-more-money-on-foreclosures-than-short-sales/) that banks are choosing foreclosures because they make more money by making a claim on ...
Tom Bud
LLC vs Personal Name
Hey all,I wanted to get everybodys opinion on my situation. I want to take the hardest step in the real estate investor world; BUY MY FIRST PROPERTY.I wanted to ask is there any benefits of completing a flip under an ...
Brian Greenway
Long term hold - 1031 exchange.......or is this a FLIP?
I have a sfh that I've owned for over 3 years. It has never been rented out. But that was the original intent at the time of the purchase. Then life happened. Property was sitting on sideline. 3 years have passed - t...
Michael Dunn
Tax rate on a Flip......
I have read about 1031 ( 1031b ) and am still uncertain as to how the property you sell is taxed and how to ( if you can ) defer from paying taxes on the profit you make, from the sale
I am looking to finally...
Curt Davis
1031 From Property to Land
Anyone know that if for example I sell a rental house and then I would like to 1031 into a piece of land to use for hunting. Is this allowed since I am not buying another house? Thx
Amy E.
Insurance Recs
Need recs for property insurance for properties held in an LLC. Called the biggies (State Farm, Allstate, Geico, etc). and all said they would not insure properties held in an LLC, that I needed commercial insurance....
Nikhil Garg
How to hold security deposit for Florida property
I am about to start a lease for my first out-of-state investment property. It is in Florida. From what I understand, the security deposit needs to be held in some Florida bank. Is that right? Is it possible to hold it...
Andrea Smith
1031 farmland into small multifamily
Hello! Can I sell farmland and put it into townhomes I plan to rent out? For example, enough land to build 28 townhomes...Thanks,