Karen Chenaille
1031 C-Store to Air BnB
Hello!
I have a convenience store for sale. I run an Air BnB out of my primary residence renting out 4/5 rooms. Therefore my primary residence is being used for a commercial venture. Would it be possible to use a 1031...
Russell Holmes
Requirement to register with state after too many owner finances?
This isn't a pressing issue for me, but want a bit of clarity before logging it away to memory for future sake. I'm working on my Florida real estate pre licensing courses, and one sentence that was sort of glossed ov...
Tony Thompson
Analyze This
Duplex
Asking Price: $150,000
Gross Potential Rent: $1,900/month ($950/unit)
Taxes: $263/month
I have been pre approved for convential loan assuming 80% ltv @ 5.875% interest, 30 years.
Here's the catch: I on...
Vlad Taralunga
Multi member LLC partnership with a residential mortgage
Hi all,I have a pretty specific question. I have 2 investor friends and the 3 of us currently in the process of purchasing 2 properties, 2 quads. In the interest of having the smallest number of people on mortgages an...
Wendy Black
Equistream?
Has anybody ever heard of a company called Equistream?http://equistream.com/
Philip Bourdon
Mobile Home Sale - How Best to Arrange Financing Terms
Hi.
I had my first prospective buyers look at the MH that I just picked up for $2750. One is a engaged couple that is not in a great hurry and whose Dad would help out to pay cash (and whose Dad may also look the pla...
Ali Hashemi
Setting up Business Entities
Looking for a little help because I'm getting conflicting information. I set up an LLC in my name but not tied to my SSN. I filed for an EIN (I should have had a registered agent set it up correct?)I had my attorney s...
Joe Bell
rental to primary residence
so i own two houses one that i have rented for 15 years and one that has been my primary residence for 7 years. i want to move into the rental property to claim the $500,000 (I'm married) exclusion over 2 years. my q...
My Nguyen
Depreciation On House Hack Primary Residence
Hello fellow investors,I'm currently house hacking, renting out my basement (around 740 sqft). Can I claim depreciation on this property since it is my primary residence? I bought this house in August 2022, only live ...
Justin Ward
str loophole for long term rental income
HiI’m confused about the Short term rental loophole. If my STR property qualifies for the STR loophole then can my long term rental property deductions then be brought over to offset my active income like being a real...