Renting Real Estate Questions and Answers

Housing permit?

What exactly housing permits are?


Answers: You necessitate one for every aspect of building a new home, from compacting the ground beneath the foundation, to the roof, and everything in between.

You requirement permits to loose change anything structurally to your existing property.
The only ones Ive hear of are building, septic and well.. which are the ones Ive only just applied for ;)

Are nearby any houses for rent within piedmont, s.c?

Three bedroom


Answers: Yep. It's near a college town so I'm sure that within are. Here's some that I found...
http://www.rentalhouses.com/search_resul...
Why don't you go to Estate Agent within Piedmont

In obtaining the 1031 exchange number is it exclusive of the mortgage still owed or the entire sale price?




Answers: I don't know how to work the numbers, but the part you would be paying tax on if you don't do the 1031 tax deferment would be the profit. It would have nothing to do with the mortgage.

Price you sell it for minus ADJUSTED acquisition price. The purchase price would be adjusted by all the deductions you have taken for depreciation each year.

Every 1031 exchange I have ever dealt with (a bunch) has had a CPA involved and a facilitator. They crunched all the numbers.
1031 is based on price. Financing is not a consideration.

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