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problems with co-ownership
I have a sister who is married and lives in Canada; I live in a townhouse that my mom owned and she lived with me. My mom passed away last month leaving me and my sister as co-owners of the townhouse. Although my mo...
Kyle B.
Question about Property Ownership
Happy new year's BP! I have been collecting absentee owned property addresses through my county's assessors website. For some of the mailing addresses, when I look them up on Google maps, they are office buildings,...
Chris Blackton
Co-ownership and FHA
I have a friend who's planning on purchasing a home in the next year or two. They are leaning towards going the FHA route and are interested in buying a multi-unit property if possible. Their goal is to find a 3 or 4 ...
Bryan Williamson
LLC. vs Private Ownership
I’m trying to figure out what is the best way to hold rental properties. Is it better to place them under LLC’s or hold them under your name and then carry an umbrella policy to have more liability coverage?
Eric Morales
private ownership vs LLC
I am just starting out.....I recently met with a lender who suggested I get financing personally as opposed to my LLC. Informed me that it would be more difficult and expensive to secure financing as an LLC. My conc...
Harold Gontz
Mortgage Interest/ownership question
I have a mortgage on another investors property. In exchange I have a mortgage note and receive 25% of net earnings. How do I list this for taxes? Schedule B for mortgage income or earned income?
Fred Cannon
1031 question co-ownership
Co own two properties with sister. We plan to sell one unit at the next vacancy. Can I do a 1031 exchange and buy her out of the second unit with the proceeds received. These are identical properties (condos) same...
Steve Cheslock
JV Ownership Structure Question
I have a small mini storage project and raising $165K equity from mainly friends/family/inner circle. I'll probably have 7-9 investors coming in to raise the entire $165K. Is this scenario is the structure as simple...
Randy Odegaard
TIC ownership near Nashville
Investment Info:
Large multi-family (5+ units) commercial investment investment in Madison.
Purchase price: $3,200,000
Cash invested: $25,000
88 unit apartment complex close to Nashville. We pooled ...
Brian Henry
CO-Ownership Agreement Questions
Hi BP,I am about to buy a SFR that my son will live in while he is in college the next 3 years. We are having him be a co-owner as he will make it owner occupied and will have 2 roommates living with him and paying r...