Calgary Smith
How to structure lease with owner LLC and mgmt LLC
Hi everyone,I've searched the archives but can't find an answer to what seems would be a common item - For residential leases where you have an LLC that owns the property and another LLC that manages that property, t...
Ben Wenger
Need to move a mobile but can't contact the owner
I have a small mobile home park that I am looking at purchasing. The current owner has a tenant that went to the hospital and during the course of events was deemed unable to care for themselves and make decisions. ...
William Coet
Listing the Benefits of Owner Financing to Seller. Please Help
I'm trying to brush up on what the benefits of owner financing are for a seller so I can list them for him. I plan to make an offer, but it will be for quite a bit less than asking price. It's the only way the prope...
Russell Smith
Retaining original owner on deed on a sub to deal
Hey friends!
I am attempting to structure a deal where I am added to a deed as a 50% owner. I would assume all aspects of management including finding renters, maintence, paying the mortgage, etc. The original owner...
Ibrahim Hughes
Offer & compromise on IRS lien belonging to deceased owner
Hi everyone. Just wondering if anyone has had any luck or experience with a situation where there's an IRS lien against a deceased owner. There is enough equity in the home to pay it off but wondering if any accountan...
Jonathan Lowe
Question For Brandon Turner and other Owners of Bigger Pockets
For starters, I have really enjoyed the content your team creates, and have read several of the bigger pockets books. Real Estate Investing is a very interesting journey for sure, as there are a TON of different aspec...
Julio Gonzalez
Cost Segregation is an Important Tool for Commercial Property Owners
What is Cost Segregation?
A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental ...
Account Closed
Home Sale Tax Exclusion on a property with multiple owners
Hello,If I own 25% of a house that has $1,500,000 capital gains (i.e. bought for $500,000, sold for $1,500,000, my portion of the gains is $375,000), how does the home sale tax exclusion work? Does the $500,000 exclus...
Sean Lauber
Planned job relocation and 1 year owner occupancy for FHA
Hello! I have recently accepted a promotion with my company to relocate from to Buffalo, NY in a time frame of 6-12 months. This is a loose timeline that was agreed to in writing (which could "lengthen dependent on ma...
Jordan L.
What is owner financing? What are the advantages and disadvantages?
I'm looking at a multiunit property and the owner is willing to do owner financing. I have some knowledge but I never walk this route before. Is there a down payment, does the owner run your credit? Will the bank kno...