Red Peterson
Tax Benefits on partnership-how does it work?
Has anyone did partnership where both parties are in for mortgage loan & downpayment/closing cost? How does this impact tax returns/ benefits? Like how will each party claim expenses for write offs and how will ea...
Uwe S.
Insurance question (commercial)
Hello,
I don´t got any answer on my asking in another topic from me, so I try here now separatly.
For my commercial propertie in OH I need which insurances? I know title (I have), propertie (I overtaken from the se...
Lawrence Hopkins
contaminated property Legal
Found a 7 plex that had gas spilled on it several years ago. It was cleaned up and cleared by DEC but spill still under foundation and roads. Title has spill listed and says the lower unit can not be rented as residen...
Shane Mcc
Difference between special warranty deed and grant deed
Hi,I'm interested in purchasing a foreclosure property and the seller is selling the home with a "special warranty deed". What's the difference between a "special" and "grant" deed that is sold with most properties? T...
Shannon Grierson
Quit Claim Deed to 2nd party then repurchase?
Currently our LLC is on the deed for a rehab we are finishing up. We would like to purchase the home for personal use but need to cash out the market value to pay back investment into property. Does anyone know if w...
Steve Buchanan
Keeping entities active for liability protection
I recently completed a project where we purchased a 4-plex in Los Angeles, did a major renovation and then sold the units individually to separate buyers who purchased as Tenants in Common (TIC). The entity structure ...
Carrie A.
your take on renters insurance?
What's everyone's stance on having their renters carry renters liability insurance?
William Sharp
Vacant House with no next to kin
We have a home located across the street from us that is now vacant. It was occupied by a single male that passed away originally from Russia, so there is no next to kin to be found. He passed away in July 2023 and ...
Mark Millich
Should We Maintain Homeowners Insurance?
My business partner and I purchased a property in cash recently and are just about to finish up the rehab work. The house is a buy and hold property that we plan on renting out here very soon. Because we didn't financ...
Luke Mahan
General Business Liability Insurance
So I have two liens on homeowners that I want to send notice to vacate so I can start my 6 month timer to ejectment. Before I send them though, I want to get General Business Liability Insurance to cover me in case on...