Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
24 January 2025 | 8 replies
They are familiar with you and can give you direction and documentation.
Kristin Mathern
Asking for advice on tenant locksmith situation
4 February 2025 | 14 replies
"I'm at the point where I've gotten out THE lease and it doesn't have anything about locksmith, however the maintenance, repairs section states, " All normal repairs necessary to maintain premises in a tenantable condition shall be done by or under the direction of the landlord, and at the Landlord's expense, except those caused by negligence or acts of the Tenant, which repairs shall be made at the sole coast of the Tenant.
Cosmo DePinto
Has anyone used Anderson Advisors?
27 January 2025 | 10 replies
He included my Last Will and Testament, Living Will, Advanced Healthcare Directive, General Durable Power of Attorney, etc.
Account Closed
Will a seller financed deal show up on buyers credit or considered on debt to income?
14 January 2025 | 7 replies
And private financing can be wise if you are a diligent investor, which it seems like you are:)*If I would have known then what I know now, I would have used my first loan to land the largest deal that I could have.
Bruce D. Kowal
The §1245 Silver Lining: Turning Tax "Pain" into Strategic Gain
6 February 2025 | 3 replies
More like a 101 of taxation: you had a reserve of losses -> it helps when you have profits.And a tax geek addendum:I also do not see a direct link to cost segregation benefits here.
Caroline C.
Florida condo board question - help for a non-board owner
1 February 2025 | 1 reply
The Division will contact you within 30 days to report on their review.The Division will let you know if they have the authority to investigate and if they need more information.Before filing a complaintYou can try communicating directly with the HOA board or manager.
Mike Beer
Has anyone tried the RaiseMasters program by Hunter Thompson
14 January 2025 | 39 replies
I've know him personally for years, had the opportunity to consult with him on both sides of the business and have to say he's the real deal.
John Friendas
LLC Mortgage Under Partner Instead of Me
23 January 2025 | 23 replies
Depending on the loan product, you may be able to exclude business debt once the business has paid the debt directly for 12 months.The income and losses related to the operation of the entity will affect the income side of your DTI (like Jay explained) if you own 25% or more of the entity.
Pierre Tran
Advice Needed: Options to Cash Out My Equity Without Disrupting a Seller Carry Deal
12 January 2025 | 1 reply
Here's the breakdown:Financing: We used a seller carry deal with 25% down ($100k), a 30-year term (balloon in 10 years), and a 4.68% interest rate.
Monty Alston
Need creative advice to pull equity out of my home ?
18 January 2025 | 15 replies
Hopefully this gives you some direction.