Allison Littman
"Church" Purchase Creative Financing
11 January 2025 | 7 replies
@Allison Littman To structure the purchase creatively, you could split the $600k transaction into a $400k purchase agreement and a $200k charitable donation to the seller’s tax-exempt organization.
Melody R.
Thoughts about the virtual CPA firm The Real Estate CPA?
16 January 2025 | 18 replies
If I have specific questions about a transaction I’m doing or something like that, I just ask via email or phone call.
Leah Miller
Bank Won't Close Due to FEMA Disaster Designation
29 January 2025 | 24 replies
It's better to be honest with your current lender and all parties involved in the transaction, than to risk losing your EMD and falling out with lender Bs false promises.
Chris Shon
Do I need a Real Estate Tax Accountant?
28 January 2025 | 20 replies
Real estate transactions, especially flips, come with specific tax implications such as the potential for dealer classification, short-term capital gains, and cost allocation for renovations, which can significantly impact your tax liability.
Ankit Lodha
Cash-our Refinance - DSCR
8 January 2025 | 13 replies
@Ankit Lodha, as others have pointed out, this sounds like a transaction you should be able to get done.
Jaron Jackson
How to get rent payment from previous owner?
10 January 2025 | 8 replies
Contact the Title Company; it is their responsibility to 'settle' the transaction at closing.
Kevin Murphy
Investor Friendly Title Co or Attorney
30 December 2024 | 0 replies
Must be able to handle all typical investor transactions (assignments, wraps, lease/options, etc.).
Kyle Carter
Role insurance plays
3 January 2025 | 5 replies
This means that sometimes the insurance will be higher than you would think it would be or need to be but be warned; insurance is a "get what you pay for" type of transaction.
Josh Buchanan
Any reviews of RentRedi?
19 January 2025 | 51 replies
In particular, the ability to auto-sync and categorize bank transactions (similar to Stessa), easily track expenses against budgets, and streamline lease creation with lease templates is quite nice.
Jayleco Mcgaughy
New to Wholesaling: Seeking Tips and Guidance to Get Started in Real Estate
31 December 2024 | 2 replies
In some states, such as mine, you can do one assignment per year without a real estate license otherwise, you will be fined $25K per transaction. 2.