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If I 1031 exchanged into a condo on a land-leased property, once the property reverts to the land owner would I have to pay any deferred taxes on the relinquished property sale? Since there would be no sale of the rep...
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Hello fellow nerds! I'm trading up into a 15-unit and selling a single family and a 4-plex to help fund the purchase. I'm using a 1031 and all three properties are held in different entities with separate EIN's. I ...
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I bought a SFR in auction. Property tax bill that i see online (not yet received the papers though) is almost double the value of what i purchased for. I dont see any comparables in this area for that assessed value. ...
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I am buying a new construction for investment purpose and would like to have the title on my LLC. However, I would be taking an investment property mortgage(Not a commercial mortgage on LLC) with 25% down. Lender is s...
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When I turn 18 and go off to college should I focus on getting my real estate licences or buying my first propeity?
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I am under the impression this passed the House Finance Committee as well. Anyone have further details or understand what they next step is? This should be fought against. All this does is increase face pricing on an ...
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Got a caller from our mailing campaign. Their parents are behind on payments and owe 119k on the property. Property has not gone into foreclosure but eventually will with the family not being able to make payments. Th...
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Hey everone
As mentioned I do have a rental property that I actually live in the basement myself(saving as much as I can). reading the forums everyone is mentioning having and LLC for the rental property an...
Hello - I will be investing in an multi family apartment complex via an LLC. I have always invested as an Individual in past but now that I have a TRUST (living trust), is there any benefit to invest as a trust vs an ...
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I have googled this question and looked at several posts about a Sub - To but I'm still a tad fuzzy on it. As I currently understand it, a buyer finds a motivated seller, the buyer takes on the deed, but NOT the mo...