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25 February 2025 | 9 replies
If the IRA is not a Roth, I'd convert it to a Roth, but check with a CPA on how to treat the property in the Roth.
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2 February 2025 | 2 replies
There are many service companies that will manage seller finance notes including the payments, escrow accounts, and documentation.
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6 February 2025 | 3 replies
@James Galla good point, I’ll check that is morning.
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22 January 2025 | 7 replies
Have a way to double checking their information they give you on the application.
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31 January 2025 | 3 replies
However, the depreciation claimed while the property was a rental must be accounted for upon the future sale of the personal residence, which could increase your capital gains tax liability.The adjusted basis of the property (original cost minus depreciation) will be used to calculate gains or losses at the time of sale.
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8 February 2025 | 15 replies
Quote from @Jay Hurst: Quote from @Jeremy Torres: Quote from @Patrick Drury: @Jeremy TorresIn terms of what's a good offer you would need to check with an agent or do some research on your own of looking at comps in the market.
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10 February 2025 | 59 replies
I would recommend checking with some local insurance brokers in your area, they may know more carriers that are available."
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23 February 2025 | 2 replies
Credit and background checks, minimum 620 score, income verification, and limit the number of people living in the home.Tenant Own Homes is popular as well, you own the land and collect lot rent!
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14 February 2025 | 2 replies
I do like to check multiple vendors with my originators.
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14 February 2025 | 13 replies
I would also check out NARPM for a list of local property managers. https://www.narpm.org/about/why-use-a-narpm-memberBest of luck!