All Forum Posts by: Cody James Cressey
Cody James Cressey has started 8 posts and replied 14 times.
Post: New to the BP community!
- Flipper/Rehabber
- Spokane, WA
- Posts 15
- Votes 11
Post: Seattle WA landlord/tenant question.
- Flipper/Rehabber
- Spokane, WA
- Posts 15
- Votes 11
Post: Seattle WA landlord/tenant question.
- Flipper/Rehabber
- Spokane, WA
- Posts 15
- Votes 11
Hello,
I'm very new to this space. I posted my intro on the new member forum 5 seconds ago! So I have a condo that I rent in Seattle which has a tenant in it. This tenants lease is up soon and I want to sell the property to use the capitol to start fixing and flipping. Can I just do this? Are there landlord/tenant laws that say I have to give her 90 days or something? I cannot find mention of this in my lease with the tenant.
Also an advanced tax question if anyone has a similar situation to me. My wife is from Sweden and is on the loan. She has technically "moved back" to Sweden on the books and I've heard she may need to pay Swedish taxes on the capitol gains after sale of the condo. Can I just take her off the loan? Can LLC creation help? Again totally new and don't know much! :) Thanks!!
Post: New to the BP community!
- Flipper/Rehabber
- Spokane, WA
- Posts 15
- Votes 11
Hi Folks! I am new to the BP space and I'm so excited to get started in RE investing! I will be partnering with my sister and fixing and flipping in the Spokane WA area. We are obsessed with the podcast and cannot stop consuming information. I have one rental now in Seattle so I'm not 100% new but pretty darn! ;) Happy 3 day weekend everyone!