We had lived in our condo in CA for 2 years and then rented it out while we rented a house to live in. Since this property was an investment as a rental will we have to pay capital gains on it or can we sell and put t...
I just received an appraisal letter from my county for my property. It is almost $20,000 less than the purchase appraisal price. If I do not correct the county and leave the lessor property value price in place and b...
Hey guys. I just signed the papers on a mortgage refinance and in the prepaid column it has 3 months of taxes and in closing costs it has 2 months taxes which will go into My escrow account. The notary that did the cl...
I have a client who just sold her business and the office/house she worked out of is in bad shape. It is in a up and coming area that has " beautification" going on around the neighborhood. The home is valued under t...
Hello All,
I am just getting started with investing in real estate and want to make moves to purchase my first rental property.
Assuming I do not establish an LLC or other business entity to 'own' the property the f...
Anyone have advice on purchasing deeds in Delaware? Seems to be quite different than other deed states. I've read quite a bit and feel prepared for upcoming auctions, but would like to know if any BP folks have ran in...
Hi All, I am a Canadian - recently I have been doing a fair bit of research on investing in an American real-estate syndicate through a LLC.It seems like a good place to put some capital for a passive return, however,...
I purchased a rental property using conventional loan under my name, under my personal SSN.
I have transferred the ownership to my other LLC (different EIN, not using my SSN) for legal protection.
My question is ...
If you're a buy and hold investor you may be getting scammed...The federal reserve has kept interest rates at near zero for the past 7 years. This has created an artificial increase in purchasing power and therefore ...
Hi Everyone,I am thinking about doing a 1031 exchange by selling one of my current properties and using the funds to buy a different property. I needed some clarity on a potential scenario... My property that I'm sell...