Jessica Seppo
Tax Question for Primary Residence
Hello!My question is if you sell your primary residence before the 2 year mark, can you still have your adjusted basis to avoid paying any taxes since it would be a breakeven or loss including the improvements made. I...
Jónas Tryggvi Stefánsson
Allow ability to suggest a different rent amount?
I'm deciding the rental amount on a unit that's very unique, meaning I can't compare its rental rate to any others in the area, or elsewhere for that matter.I've done my research on other kind of units in the area and...
Monte Blunk
Asset protection question
I have been trying to learn about asset protection and have been talking to Anderson Advisors in NV and another lawyer in ID about setting up a structure for our multifamily complexes here in Utah. Both of them are s...
Sam Marcos
Read and listened but confused on scaling rentals. Help Welcomed
I've read all kinds of material and listened to hundreds of hours of podcasts. There is one thing about scaling rentals that I just don't understand. Can anyone elaborate on this?The question is, how does a bank app...
Richard A.
Couple questions from first time buyer
I am looking at the first home to do a flip. The ones that I am looking at are at the courthouse auction on July 4th. My plan is to go to the June auction that is this coming Tuesday so I can get an idea of how they w...
Juan Bautista
First time home buyer
I’m in the process of getting my first home loan, plan on buying a duplex to live in for a year and then renting out both units after. Is it a good idea to hire a real estate agent? I prefer not to because I think I c...
Alicia Marks
Easements for Highway expansion and Mortgage Company
I have a family situation I'm trying to help my aunts and uncles navigate and I'm hoping all of these experts have insight. My grandmother passed away last year and she was in the process of the highway department pur...
Britt Smith
Would you buy a home with city liens/fines?
I'm eyeing a house in a great area BUT the home has tons of liens violations on it. Would you stay away from this? Is there a way to buy the home w/o paying those liens/violations?
Peter Walther
No coverage for matters created by the insured
Here's a repost of a comment on a recent Florida title insurance coverage matter.Salas v. Commonwealth Land Title Ins. Co, 2022 WL 1630988 (N.D. Fla. Apr. 5, 2022): Salas bought a lot from a developer in a Florida sub...
Christopher Brown
Disregarded Entity LLC for 1031 in Non-Community Property State
I'm working toward closing the downstream leg of a 1031 exchange. My wife and I owned the exchanged property in our own names as joint tenants. For mortgage swap eligibility-related reasons (we don't have the net wo...