Elisabeth Lernhardt
1031 exchange elimination and the unintentional consequences to
It is time to revisit the Biden tax plan. It clearly states 1031 exchange is on the chopping block!
DJ Birnie
Tax consequences of refinancing for and LLC (Partnership)
I own a few single family rental properties in an LLC with a few other partners. With rates at all time lows I am considering refinancing these properties. There are a few portfolio lenders who will make a loan dire...
Account Closed
Corona Consequences - Landlords Are Part Of The Solution
We have all been thinking about and living the Corona Virus. I suspect that most of the BP community is in the same state of mind as me which is, doing everything I can to work it out in my head but obvious and defini...
Laura Sacandy
Tax consequences of selling rental owned by IRA
I'm considering selling to a flipper a SFH rental owned by my self-directed IRA since 2017. What are the tax consequences, if any, if I realize a significant gain from the sale?
Daniel K.
What are the legal consequences of no address?
I've been using a lease I got from my RE agent, with no landlord address on it, for years. Everything worked fine and payments are on Zillow.
I now know that providing a physical contact address is a requirement. W...
Todd Willhoite
Short sale and income tax consequences to seller
I entered into a short sale contract June 3, 2016. The bank has taken a long time to approve and now they say we need to close in 3 weeks. The seller is now concerned that he may have income tax liability on the amo...
Jason L.
Consequences of Transferring Property from LLC to Personal?
I am looking into refinancing one of my rental properties, which I own under an LLC. The lender requires that I move the deed into my personal name in order to get approved. Some questions I have as a result of this:1...
Raghuraman Krishnamoorthi
Tax Consequences: Cash out refinancing on rental property
Hi, This is my first post to this forum, so apologies if this question has been previously asked:I am currently converting my primary home into a rental (the property is listed for rent) . However, I would like to cas...
Joe Smith
What are consequences of not paying HOA dues.
What are consequences of not paying HOA dues. We pay 900 per month HOA due in Dallas, texas, small house, and HOA does nothing at all. We know many neighbours who didn’t pay HOA dues for many months and nothing happen...
John Tan
tax consequence of converting rental into a primary
I am placing a house into full time short term rental to try it out. But what are the tax consequences if I discover it is not as profitable as originally hoped and convert it back into my primary residence the follo...