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Good afternoon,I have a section 8 tenant, which had a damaged refrigerator. I purchased a used refrigerator on monday and thought everything was all set. Yesterday (Sunday), I received a call from my tenant stating th...
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Hey folks! An older friend of mine would like to liquidate his four properties but he would like to avoid paying capital gains tax. I suggested that he and I form a LLC and slowly transfer his properties to our LLC. A...
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Hello,I was hoping you guys could provide me a few tips based on the unique situation I'm in. For the past couple years I've wanted to start building passive income, and I'm very interested in real estate. I just hit ...
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I bought a property last April that my son and 2 college student roommates are living in. Getting ready to do taxes for the 1st time since purchasing. Do I treat the property as 1/3 second home that my son lives in ...
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Got a property under contract that has 4 heirs. Everything was going well until one of the heirs came up with an IRS lien. Heir can't pay it off. What else can I do to get this property purchased?? Is it possible for ...
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I was on track to close on a home on this Thursday and I closed on a deal in December. I have cash on hand that was definitely taxed but the mortgage broker doesn't want to use this cash. I'm putting a 20% down paymen...
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I have a car I just brought unrelated to my very first LLC I have recently created. I haven’t even registered the car. However I am thinking, obtaining an asset under my LLC is a great kick start. Although it’s fairly...
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Hello I am looking for real estate meet up in the south end of Atlanta, Stockbridge, McDonough area.
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For the sake of asking this question I ask by scenario.... What if a property was gifted to me via quit claim. After looking into the title records I find "an order of the court" by which a creditor lien was attached ...
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I am sure this question has been asked before, I am doing some research and survey, and would appreciate any suggestions, thoughts, and advice. The scenario: "I have been a casual real estate investor for some time, b...