William C.
Tenant lease break, penalty & tax implications
We have a tenant that was signed to a lease through Feb. of 2023. They have decided to break that lease and pay out the remainder of the lease in a lump sum. In the state the property resides in, we have a duty to mit...
Anwer Shaikh
1031 Commercial Deal - Price Reduction or Escrow
I have a friend who is under contract on a commercial property and him and I were discussing his 1031 situation and I thought I would get an opinion from the experts in this forum. Property Purchase : $4.0M 1031 Excha...
Kay March
Delaware Statutory Trust (DST) 1031 Exchange - Costs vs. Capital Gains Taxes
While considering doing a 1031 exchange into a Delaware Statutory Trust (DST), I read that upfront costs for a DST can range from 10% to 18% of the invested equity. Assuming that no debt is involved, Is paying that co...
Kevin Dee
Seller Commissions to Broker
Hello Experts!I'm trying to list my property for sale on Trulia (No Broker). Does anyone know if this is free for me? Or do I need to be a real estate professional? From what I see online, it's free to list, but I alw...
Bob Booth
Security Deposit Return
I failed to return a tenants SD within 60 days. Because of this I refunded his entire SD. Can I now sue him anyways for what I would have deducted?
Douglas Schwart
Seller Carryback Financing-Singh Corporation
Currently in negotiations with Singh Development Company to purchase my rental home (as in condition-renters moved out) located in Columbus, Ohio with Seller Carryback Financing.
SEEKING feedback from other Sellers ...
Lynn DeShazo
SDIRAs - Is this Kiplinger's article statement right or wrong?
Tax people: Is this statement from a 2011 Kiplinger's article right or wrong? Here it is:"But investing in real estate inside an IRA comes with strict rules. Complication number one: Owning property in an IRA negate...
Ana Lidia Standing
What would you do if you were a first time buyer?
I am planning to get my first investment house; I don't want to use my savings, so I have an equity line of credit for 50K and got pre-approved for a loan up to 300 k? it has been very difficult to find a house that ...
Marques Chisholm
My tenant is absent and I need help with this one. Please and Thank you.
Hello everyone, I inherited a piece of property in Berkeley CA from my grandmother a few years back. I love the place, I've been renting out the units and getting steady income just as they were designed to do. Unfort...
Don Chambers
Homeowners insurance with old roof
I have 24 rentals in the middle Georgia area and I just bought one in Jacksonville, fl. It's my first outside of Georgia and I have a local partner (in jax) but it's their first.I need homeowners insurance. My partne...