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9 June 2020 | 10 replies
It appears that rental income will not reduce SS benefits so long as your not a real estate dealer (not sure what means but I doubt I am such a dealer).
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9 June 2020 | 31 replies
Wait until you have a fire, drug use, domestic violence, unauthorized pets, or any number of other serious problems.
12 June 2020 | 11 replies
If no title transfer is involved who is the 3rd party dealer protecting both parties during the transction?
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14 June 2020 | 22 replies
@Jonathan SantiagoFederal IRS determines "flipping" to be an active "dealer" where you are selling inventory (like any other sales activity) as opposed to a passive "investor" selling an investment property (like selling stock).
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10 June 2020 | 2 replies
I have a quote from a local mobile home dealer that to get a new 3/2 single wide installed on a engineered pier foundation (the same foundation they use to get a double wide to qualify for conventional mortgages) would run me around $84,000.
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10 June 2020 | 1 reply
Bad money management with reckless spending, breaking rules, damaging property, drug use and even crime in some cases.
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28 April 2020 | 0 replies
Leaks, bed bugs, felons and drugs!
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30 April 2020 | 3 replies
Evicted problem tenants (drug dealers).
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29 April 2020 | 2 replies
I am seeing houses in C neighborhoods (unsteady employment, moderate crime, drug problems, but still families occupying these homes) upwards of 300k to 400k.And anyone who lives on Long Island and has some experience starting out from here feel free to connect.
1 May 2020 | 2 replies
The LLC purchased a house to rehab, then re-sell it.The rehab costs far exceeded expectations, and the property will be sold at a loss.This is the only property ever held by the LLC, and given the wonderful results, the members will be dissolving that LLC with no further activity.Given that the LLC's only property was purchased for flipping, is the LLC a "dealer", or does that even matter ?