Drew Sing
Thoughts: Sell, develop, or pursue another option w/ 5 acres
Hey Everyone, My parents live in a SFH on 5 acres, and were wondering if they should sell the home and land as is, develop it, or take an interim step to try to get a bit more value out of it as it's their retirement ...
Michelle Lee
Buy rental from parents as primary residence
Hi, does anybody have suggestions for the best way to minimize taxes for this? My parents have a rental property, owned free & clear, that they want to sell to me. They want the money as a lump sum instead of mont...
Dave Poeppelmeier
Slim Student Applications
Hello fellow Student Housing investors, for those with Spring Student Rental seasons, did you get all of your rentals filled with Students? Our season runs from February to right about now, and I just filled my last v...
Peter K.
Would you accept Child support as a monthly income?
A possible tenant makes close but not above our minimum x3 monthly rent income. But receives extra in child support, would you accept that as a income?
Sarah 'Sadika' J.
Online managment companies
I'm looking to rent a property to college students. I have researched around the area for good management companies but most of them are slum lords. So I'm thinking of doing it myself but I need help.Can anyone tell ...
Joel Owens
Anyone set up a 503 C corporation public charity of foundation?
So my father was killed in a sudden car wreck when I was 16. I am 41 now. All these years I have been grappling with the emotions of thinking back and the memories. I am thinking of setting up a non-profit charity or ...
Liz C.
Trouble and greedy tenant
Hi all,
The lease between my tenant and I ends on March 31 st, I wanted to raise $20, he disagree because his say apartment has a lot issues, I say fine keep same rent rate for one year, he say he did not want to sig...
Pavel Bennett
Should I hire a tax planner/advisor/preparer or DIY this?
Hi BP,I recently acquired my first property, which is a house in Hawaii where I'm renting a portion of it to a tenant. As the tax season is coming up, I'm starting to think if it's worthwhile to hire a tax planner (mo...
Robert M.
Parents loaned me down payment for duplex, I sold it, now who pays capital gains?
In 2016 my parents loaned me the down payment for a rental property ($150k toward a $600k duplex in a midsize East Coast city). There were no formal terms or expectations - it was just "here's the money, don't be dumb...
Jason Bourne
Local Budget Motel Problems
Hello everyone, I have this problem I am trying to solve for my parents. They own a local private motel in the state of Kansas and it is not doing good at all. My dad is having trouble with payments. There are no buye...