Hello everyone,
My Canadian company owns a residential property in California and I want to sell it to my own personal name as I am closing my company.I don't know which professional to consult to help me do the tran...
I could not live or rent my apartment for 5 years due to mold issue caused by the building. Building finally resolved and remediated it this year and now i am selling the property. Can it still qualify for 1031 becaus...
Hello BP!Is anyone familiar with the CHAP Tax Credit process in Baltimore, MD? I just got my next project under contract today, and it's located in a Historic District. I pretty much have read all the requirements a...
Mates,Curious what the collective thoughts are on this recent legislation and how it can impact us as investors in the multi-family space in that state? I understand there are limited exceptions to implementation as ...
I know my number, but humor me please for a minute. Use any numbers you would typically for downpayment, terms, rate, etc. Cash, whatever. I just have to check myself.FourplexRent $575 per unitProperty tax 1.79% of yo...
Firstly, i want sure if this is the proper forum to ask this question.Also, please pardon my ignorance with regard to these topics, I've only purchased 1 home so far, and am trying to assist my wife and her father.My ...
Hi everybody, I'd like to get some feedback on an insurance question I am struggling with.
Here's the situation: I am 33% member in an LLC that owns and rents real estate. For simplicity, let's say we have a 60k home...
I'm trying to decide which route to take, I have a new LLC trying to build business credit. I purchased a duplex using my personal credit, trying to decide which would be the best approach in getting more properties...
First a quote:
If you have a corporation for `insurance purposes', i.e. so that you can't be sued, forget it. The courts find it very easy to go after the major shareholder of a corporation where that shareholder is t...
Hello all,
I am trying to find out how much and what kind of insurance you guys get on your rental properties? Sorry, if its a rather silly question, but I am a newbie investor trying to understand as much as I possi...