Ronald Stanley
Can I really avoid capital gains tax with a self-directed IRA?
Hey family,I purchased a rental property in 2016 under my own name for $135,000. The home is now worth $225,000 and I plan to sell it in the next six months. My plan is to use the profit to pay off the mortgage on m...
Jerel Davis
Attached Shed Conversion To A Bedroom Closet
I bought a 3/1 1250 sqf home and there's an attached shed with finished roofing right beside the guest room and you can see how the framing is attached to the home. It's on a concrete slab. It's about 100 sqf. The ...
Jeff White
Fourplex Under Contract - but not sure if it will appraise?
Hi All,I'm currently have a fourplex under contract here in Denver using FHA financing for 630K, and it appears to be a fourplex with four different entrances, plenty of parking, four kitchens, four bathrooms, and suc...
Kim H.
Cost to Separate Water Meters
I finally got an answer today on the cost to separately meter my intended 9 unit MF property...$8000 per meter just for the capital recovery fee for the city. Then add on any installation charges. I was shocked t...
Stephen Grindle
Using a Self-Directed IRA to invest
Hey friends, I'm considering using a Self-Directed IRA to invest in a short-term vacation rental. So two questions: 1. Should I transition my current Traditional IRA to a Self-Directed ROTH IRA or keep it as a Self-Di...
Joshua Lurz
Trying to figure out how to finance this deal
So, recently when browsing on Zillow I found a triplex property that is up for sale for $135,000. It is a 3/1 2/1 and 1/1The main house is 3/1 lower and 2/1 upper and the garage was converted into the 1 bedroom 550sqf...
Ian Carter
Washington DC Basement Digout/Underpinning
Hey there,We just purchased a townhouse in NW DC and are looking to convert the basement into a one bedroom rental. With ceilings of about 6'7", we are looking to digout and add at least 4-6 inches, if not 1-2 feet. I...
Mike Mitchell
Deed cannot be filed due to taxes owed in MI
A buyer recently paid off her contract for deed which was held by me. She cannot/has not recorded the deed due to the fact that property taxes are owed by her and in Genesee County, property cannot be conveyed if pr...
William S.
What should I do with this home? Former primary residence
This was my former primary residence. It's currently being rented out until the spring. My first thought is to sell it and move on to something better. I wanted see if there is another option I'm not thinking of (refi...
Taniya Lovejoy
Rehab done with no permits!
I am a new investor and had a property under contract for a rehabbed duplex, while under contract I was planning to set up the rental certification after closing. The city informed me that this property had an inspect...