Willie J Baxter
Any useful advice?
24 January 2025 | 3 replies
You borrowed $388k and you’ve paid your loan down to $384k with your $30k in payments.
Austin Green
Thoughts on short term rental in Franklin, NC
25 January 2025 | 10 replies
I would definitely look into seeing if there are any AirBNB arbitrage companies operating in the area that may be willing to take it on.
Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
24 January 2025 | 8 replies
Gifting equity in a house may be more trouble than it is worth if you are not near the life-time exclusion1) Potentially having to get the property appraised everytime an equity is gifted2) Having a title company update the title every time3) Exemption of the gift tax return is normally for cash gifts below the annual gift tax exclusion, you may still need to file if you gift non-cash4) If there is partial ownership over several years, having to properly pro-rate certain items such as real estate taxes, mortgage interest and rental income if the property is a rentalBest of luck
Jordan Laney
PM signed awful snow contract
22 January 2025 | 14 replies
I use one of the most expensive snow removal companies in town for a 16-plex that has 240 linear feet of sidewalk and 10,000 square feet of parking lot.
Account Closed
Property managers allowed unsupervised showings, resulting in theft
17 January 2025 | 5 replies
I understand that it's unrealistic to expect anyone to treat your property with the same level of care you would, but the company we hired has been a NIGHTMARE.
Muriel Hair
Are Home Prices Going Up or Down
28 January 2025 | 3 replies
Big players like Ford, GM, and even tech companies are betting on Detroit.
Jeremy Frantz
Turning New Construction Sf Home (With Partner Through Llc) Into Personal PO Rtfolio
21 January 2025 | 0 replies
My question is: How do I properly take the interest that my LLC has put into the new LLC and give it to my person for the purposes of getting a loan from the bank through a refinance.
Stephon Mosby Williams
2nd FHA mortgage
21 January 2025 | 0 replies
I read that one of the requirements for getting your second FHA loan is having a change in family size.
Philip Beckwith
Appealing property taxes
27 January 2025 | 15 replies
We've always hired a tax protest company and have done so in three different states.
Chris Crawford
Selling A House And Giving Previous Owner Proceeds
28 January 2025 | 4 replies
Since the previous owner is getting most of the proceeds does the closing attorney issue him a 1099S and then issue my company one for a much lower amount?