Adam R.
Based on Depreciation, how much did this seller pay?
I’m looking at a mobile home park and they provided the income statement. Based on the depreciation amount listed, I’m trying to determine how much the seller paid for the property.
Depreciation amount was $60k per y...
Matthew E Weber
META moving to Durham
With all the recent tech activity happening around Raleigh and Durham (google, amazon). Along with the recent announcement that META is moving to the Raleigh, Durham region. What are your investment thoughts and strat...
Carlos Villar
Seller Financing w/ Older Owner
I have a lead for two properties and the owner wants to avoid paying taxes on them. He's not interested in seller financing or a 1031 exchange due to his old age, he doesn't want to deal with these things anymore. Are...
Mary Jay
New lending requirements
Is it true that every lender now required to have tax transcripts for the last year for closing?The IRS does not have my transcripts yet so the lender is not giving me a loan and I am losing my 1031 exchange dealThe l...
Lisa Martin
Tax Question- tax bill for seller
Asking for a friend! ;-) Seller inherited paid off 8 unit apartment building in Southern CA when his mother passed away last year. He wants to sell and likely won't 1031 exchange as he just wants to the cash. I re...
Andrew Reilley
Providence Cap Rates
What are current cap rates in the area? Specifically, Class C in Federal Hill
Cairo Blackwell
Currently own a business that now has a F&C building.
Currently own a business that's now F&C (the building that is). Looking for possible next step options. Would like to invest in more properties besides a rental I currently own. Or even possibly performing a 1031 ...
Grant Anderson
Looking for Local Lender in Indpianapolis
I am in the process of doing a 1031 exchange and am looking for a lender that can loan directly to an LLC. We are buying four properties in Indianapolis all with a purchase price of $100 - $120K all ready to rent. If ...
Megan Ward
Capital Gains Tax
Hi,
I inherited several lots in a subdivision, I have entered into contracts to sell these lots. I want to turn around and buy some property and a house to put on it.
My question is, will the property and house count...
Raymond Kovats
OOS investing in the Memphis area
I’m currently doing a 1031 exchange on my home in California and should have about 60-75k to invest OOS with. I’m looking into the Memphis area. any recommendations in that area? PM? thanks for the help