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Investors seeking to leverage Opportunity Zone incentives have until March 31, 2021, to place capital gains realized, in some cases, as far back as January 1, 2019. The Opportunity Zone program allows for investments ...
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I'm interested in doing a 1031 exchange, but the answers I've found online have been murky for my specific question:
I want to 1031 exchange my investment property in Ohio for a primary residence in California. Is th...
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My back tenant will be moving out in the next 2-3 months. I have a lot of repairs I will need to do in his unit. Would it be advisable or legal to purchase the material now before the end of the year so that I can wri...
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Hey everyone. #askbpAnother newbie question for you all. I don't know when the best time to approach an attorney is. I would guess that it would be safest to get legal advice early on, even before trying to tackle a d...
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I have a rental property in my hometown that I bought 5 years ago and is generating good income. Its fully paid off. For tax purposes, I want to transfer this property to my son (student 18 years – going to college 20...
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Hi all, I ran a criminal background check on a tenant applicant. Due to his criminal history, I rejected him. He is requesting a copy of this report. Is there a law in Illinois/Aurora that requires me to provide an...
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Hello gurus,I am trying to teach my self how does this all work. please let me know if my understanding is off.Yes, I know I should hire a professional, but I like to understand things my self.Facts: property bought i...
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I was wondering if you folks are deducting mileage expenses from driving to and from your rentals, for the purpose of showing the property, placing tenants, and doing repairs. To clarify, this is not with a business '...
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This month has been a first for me. I am not a seasoned veteran in real estate, but we do have about 10-12 purchases over the last 10 years. The newest deal has been utilizing a 1031 exchange. We sold one rental in Ca...
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Hello, my business partner and myself are looking for some advice from experienced investors. To give a brief background about us, we each currently own 3 and 1 rental property in our own names. We each now have a hol...