
22 March 2024 | 15 replies
Unless you're talking about taking over title in 2025 under some sort of master lease agreement, she will be hit with capital gains tax regardless of what seller finance terms you come up with.I am not sure that is true if the seller uses the installment method as defined in the IRS publication https://www.irs.gov/publications/p537#en_US_2023_publink1000...The way that I understand it is if a seller uses the installment method only the portion paid of the capitol gains paid in any year are taxable as capital gains and can therefore be spread out over time.

21 March 2024 | 8 replies
Their dog ($400 pet deposit) has chewed and clawed through multiple portions of walls and door frames.

20 March 2024 | 4 replies
It seems to me that some portion of the house purchase/reno/outfitting should be able to be claimed as a business expense, but I have no idea how to correctly do so.

21 March 2024 | 4 replies
I contacted a title company to officially record the sale, but they are requiring 3 separate closings (and tons of extra fees) because there will be 3 liens/private mortgages recorded (one is the original mortgage that I want to reassign since the interest rate was very low; the second will be held by my son to my daughter for his portion of the equity in the home; and the third is the difference which will be between my daughter and my other LLC).
22 March 2024 | 28 replies
Of course, the owners don't offer to compensate the agents in anyway...Not sure what is the "fsbo website" but whatever you learn better be State specific, if not your portion of the state.

20 March 2024 | 2 replies
There is plenty of office support, AppFolio software, I am open to bumps in commission/bonus structure -- portion of rent raises, lock changes, identifying more MF buildings, commissions IF we decide to sell any properties, etc.

20 March 2024 | 2 replies
The business and law portion should be the same for the general contractors exam.

22 March 2024 | 88 replies
The principle portion was $1500+ the first month.

21 March 2024 | 9 replies
In 3 - 4 weeks you close and now you own the house and it has a mortgage of the financed portion of the purchase plus the rehab funds.

20 March 2024 | 0 replies
When I toured this property I LOVED that a portion of the basement was unfinished.