Many times I have to address the difference between Replacement Cost and Market Value to my clients. Unfortunately, there is a disconnect between Mortgage Underwriters and the actual distinction between the two. The m...
I am a newbie to BP and just in time! I have declared 2015 as the year I begin investing in RE. I have wanted to break into the field for over 10 years but felt completely unequipped. I didn't know how or where to sta...
If I own a duplex by myself, a 4 family with a partner, and a 12 unit syndication with 3 other people...
Do I own 18 doors?
Do I own 7 doors (2 + 2 + 3)?
Obviously ownership isn't split up this simply or evenly...
I've talked to accountants and tax agents and no one seems to think this is a normal situation, but my understanding from the BP world is that people do this all the time - am I wrong? I want to own my properties in s...
Hi! I have a 5% investment with my parents in a commercial property. I was wondering what the tax implications would be if they were to buy me out? I was hoping to use that money and some of my savings to purchase a h...
I am looking to purchase my first property this year as a buy and hold. I have found a property which is RC-2 zoned with a 1950's house that I will initially use as my primary residence, an in-law apartment and a sma...
Can I sell 2 rental SFR then buy just 1 appartment unit which is greater value than 2 SFR ? Is this apply to 1031 exchange for both SFR or only 1 to 1 ? Please advice :idea:
I have a property I would like to sell and use the 1031 exchange provision to buy another. My current property is in my personal name. I plan on exchanging into another property (possibly several) in my personal nam...
hi fellow investors,
I want to rent out my townhouse in Calgary, but haven't had much luck with it on Rentfaster and Zillow.
Just a couple of tire kickers so far.
I reached out to a few Realtors (just for tenant pl...
Hi all,I am going through the research now on doing a 1031 exchange from a single family home where I have seen decent appreciation (and also was my first SFR, so I put more into it than I should have!). I will have ...