Hi all,I am planning on purchasing a SFR with the intention of living in it for 2-3 years, making upgrades, and selling when I move out. Would this be considered an investment property where I can deduct depreciation...
Exploring to participate in real estate multifamily deal as a Passive Co-GP. Co-GP who would not have any voting rights or management decision authority. The Co-GP will only bring in capital to participate. Should th...
Hi all, I came across an article detailing why a C-Corp should never own property, but should opt to lease it instead. (https://www.thetaxadviser.com/issues/2018/sep/leas...) This led me to think of a scenario. Not s...
I'm developing my probate real estate investing strategy and there is one point where controversy is rampant. This is does the letter to the PR contain condolences or just get straight to the point about wanting to b...
This is our first rental property and having an issue with the one tenant keeping oil in the tank . They call us to say the furnace is not working but then we find out it’s because once again he has run it to low and...
I have a rental property in California that is held by an LLC , call it 'California LLC' (my wife and I are the only members) and have filed for taxes in 2017 as a partnership. I am selling this property now and purc...
I'm about to put an offer in on a duplex contingent on the current lessor/owner going through the proper channels for removal of tenants before closing date. I will be living in one half but the tenant who lives in th...
Looking to hear any and all seller finance stories revolving around you (the buyer) landing a seller finance deal, and all the steps it took to get you there. Did the deal land in your lap somehow or were you actively...
I just entered into contract to sell my investment property that I purchased on June 2, 2015. The profit is in gross terms $240k, but with write offs, commissions and transfer taxes, I think I can reduce the capital ...
Long Distance Self Managers! I live 2 hours each way from the property. I rarely drive down there but when it comes time for a new tenant I want to meet them and be involved. (This is a new purchase closing next week)...