James Boreno
Do I have to pay Capital Gains?
27 January 2025 | 6 replies
Had a quick question.I purchased the property for $500K about 10 years agoI'm selling the property for $575K with the Fire DamageI received an insurance check of $380K for the fire damage.After Paying off the Mortgage + Escrow + Realtor Fee's, I'll be left with about $150K.My question is will I get taxed on this $150K?
Tina Artigliere
Quest Trust Suddenly Closed down Administration on their Solo 401K Plans
17 January 2025 | 24 replies
I get the feeling Quest is resigning because there is not enough fee income to be made from me, so I'm being dumped.
Remy Piazza
Is anyone working with or has worked with Wicked Smart REI Coaching program?
20 January 2025 | 6 replies
There is a not so inexpensive fee - anywhere from 5k to 100k depending on the program and they take a % of each deal.
Yael Doron
Title: Looking to Invest in the Phoenix, Arizona Area - Advice Needed
28 January 2025 | 14 replies
Focus on smaller single-family homes, condos with low HOA fees, or multi-family properties in these regions, and build a reliable local team of agents, property managers, and other professionals to ensure a smooth investing experience.
Steve Englehart
Cashing out IRA to buy rental properties.
29 January 2025 | 47 replies
You will never get the $ back in the fees etc. you are gonna pay with penalties, your returns need to be absurd.
Ananth Subramanian
Post eviction: Collecting Judgment amount
16 January 2025 | 8 replies
It likely is out of date as to cost as this info is quite old (my guess is 5 years but it could be longer):- Rent Recovery Service: offers flat fee service starting at $20. 3 letters start at $30.
Jerry Zigounakis
LLC or sCorp for investment properties
21 January 2025 | 7 replies
@Jerry Zigounakis For your STR in Big Bear, forming a CA LLC is ideal for liability protection, even with the $800 annual franchise tax and possible gross receipts fees.
Josh Buchanan
Any reviews of RentRedi?
19 January 2025 | 51 replies
How does rentredi handle late fees?
Mark S.
American Homeowner Preservation (AHP) Fund
19 January 2025 | 354 replies
We then subtract our actual expenses, which include management fees, bank fees, appraisal costs, insurance, commissions, marketing costs, taxes, and legal and accounting fees.
Ryan S.
Advice on Specific Performance for Breach of Real Estate Contract
26 January 2025 | 43 replies
I’m not sure who paid legal fees but they must have been significant.