Mickey Scott
Creative Financing/Relocation for new job in Florida
29 June 2024 | 10 replies
You can use it to secure a loan, usually between 75-80% of its value, giving you the financial muscle to pay cash for your new property in Florida, in your preferred areas between Port Saint Lucia and Melbourne/Viera.For example (I'm making assumptions):Imagine you're selling your Kentucky home for $400,000.
Nicholas Ciolino
Deal Analysis Forum to post to
27 June 2024 | 10 replies
Team,I'm trying to get my deal analysis muscle flexed through repetition.
Randall Noel
Minut Cigarette Smoke/Noise monitor
27 June 2024 | 10 replies
The Minut alerts themselves seem to admit of ambiguity: declaring "elevated risk" of cigarette smoke.
Don Konipol
Five Unique Ways I’ve Seen People Make Money In Real Estate
27 June 2024 | 1 reply
He declared the proceeds as a dividend to himself, and defaulted on the note to the seller leaving the seller with the recourse to repossess the business which now had no real estate and that’s equipment and inventory was fully mortgaged.Let us know of unique ways you’ve experienced making money in real estate
Melissa Kirk
Converting a 4 Suite Office Building into Commercial Condos
25 June 2024 | 2 replies
I know I would need to establish an association with declaration, condo docs and such, get city approval and have a surveyor involved.
YuYing Chen
The Journey of a Rookie
28 June 2024 | 17 replies
Hey @YuYing ChenGlad to see you getting back to it and making a "public" declaration for accountability.
Igor Balakhnin
Do you pay capitol gains tax on owner occupied duplex at sale?
27 June 2024 | 26 replies
When you put a rental property in service, you declare depreciable basis which in an owner-occupied duplex is only a portion of the total value.
Stacy Tring
Investing in someone's primary residence
25 June 2024 | 8 replies
This includes declaring rental income received and deducting applicable expenses such as maintenance, property taxes, and mortgage interest related to the rented portion.Once Cousin B acquires 50% ownership, they will begin reporting 50% of the rental income and associated expenses for the portion they now co-own.
Scott Everhart
Potential Tenant Can Only Pay Rent With Alimony. What Do I Do?
25 June 2024 | 35 replies
Now my parents are still married but imagine if you can that one day my father comes home and declares after 40 years of marriage, that he fell in love with his secretary or one of his buddy's at work ( lol, I just had a image of my dad being gay ..) it has happened to 100's of thousands of women.
Zachary Sales
Need advice on tenant vacancies
24 June 2024 | 7 replies
In most cases, this quick inspection is also our final inspection and we can declare the property ready to rent or create a punch list for turnover.