All Forum Posts by: Aaron Raymond

@Matt Devincenzo thank you.

My parents are considering selling their property that is paid off, and the estimated value is probably around $400,000. They want to down size to a property worth $250,000. Will there be any capital gains tax associated with this sale? Is there any way to avoid without a 1031 exchange?

@Aaron Dixon if they want to sell at a 50% discount, let me know.

@Kerry Baird

Thank you for the list. I'm searching for a lender now that'll do HELOCs. This gives me a place to start.

@Jason Bott

Thank you

@John Mocker

Thank you

I would like some input on what type of insurance I should get on the double I am about to purchase. Right now I have rebuild value which is about $147.00 per month.  Should I get appraised value?  The rebuild value is about $480,000 but the appraised value is $108,000.  I am buying the double for $69,000.  I am sure the appraised value will be much lower.