Tax issue. I have a property I paid cash for years ago, say 100K. I have a buyer now at 200k. Am I only concerned with deferring tax on the 100k profit. I was told that in a 1031 closing, they escrow all the money w...
Just starting out in real estate investing. If I plan to have a rental property in CA and plan to have it under an LLC, does the LLC have to be based in CA or can it be formed in my home state (out of CA)? Can an LL...
I heard on a webinar that closing costs are generally 1-2%, but when I looked it up, San Diego seemed to be much higher (or California at least). What do people usually estimate closing costs to be in San Diego when y...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $176,990
Cash invested: $39,400
NEW CONSTRUCTION for my 3 years old daughter for her college fund when she turns 18...
What skip tracing techniques/platforms or other avenues do you use to find the true owner of a property? Especially when there is an entity in front?
I would like to purchase an investment in Monroe County, PA, I am looking in the sub 150K arena. I am a real estate agent in NY and CT and a new investor. I live in NY.I keep running into the not lending to a rural ar...
Hi! Im trying to resale a town house purchased in Somerset county sheriff sale. Buyers attorney found out there are some open judgement under the same name of the previous owner. They are looking for last four SS numb...
Hi ! I'm looking to establish an account with a regional bank in the Hampton Roads Area, Any reccomendations or preferences by those in the BP community use. Looking to start with a joint checking account first and bu...
I have a residential property in Morrow, GA that I need to get rented ASAP. Does anyone know of a solid property management company in that area? All of my contacts no longer property manage or will stop this year and...
I am an agent in NJ. Here are the basics of a deal that I recently discussed with a client.
The asking price for a 9 unit, mixed use property in good condition is about $1,500,000. Gross income is approximately ...