Hello everyone,I’ve been lurking the forums for some time and using the search bar to find this but to no avail.
It’s a house hacking tax question.
Anyway, a bit of background on my particular scenario: I bought my ...
It makes sense to define real property for tax purposes when discussing real estate tax.
Under 1.856-10, real property is actually defined as land and improvements to land. Local law is not controlling. Although this...
Investors seeking to optimize their assets, defer taxes on large capital gains, and secure their financial future often explore various trust structures to achieve their objectives. Two popular options that have gaine...
I have owned a 30-year old condo for about five years that I have rented out the entire time I have owned it. The roof is original, has been patched but still not fixed. The condo is doing a special assessment of ab...
I hope this message finds you well. I am reaching out to you seeking your valued expertise and insights on a unique property challenge that I am currently facing in Salton Sea, Riverside County.
The entire 20-acre ...
Hello, my name is Jake and I've recently started to invest in residential properties in the Greater Toronto Area (GTA), Ontario. As I continue to grow, does it make sense to continue to purchase properties under my na...
Hello everyone!
Does anyone know if there is any work around with Dcsr loans if the owner wants to live in the house?
Hi BP,
I'm nearing closing date for a 16 unit complex. I'm entering into the contract as a tenancy in common with my business partner with plans to switch into an LLC myself soon after and then have my business part...
hey guys so I'm trying to do my first BRRRR, I've got the hard money lender part figured out. The part I am struggling on is finding a lender that can do a cashout refi after the rehab...Apparently it's a federal rest...
Hello BP!I have been renting and apartment in a complex. I had been signed up for automatic payments for the rent to be taken directly out of my bank account every month. It says specifically in the leasing agreement ...