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Results (10,000+)
Ted Davis First Deal! House Hack in Houston TX.
19 June 2018 | 1 reply
I have posted a few post with questions in the past and I’ve received excellent advice and feedback so far so I’m reaching out again.
Donovan Lietch Tax Consequences of Paying out investors
12 November 2018 | 7 replies
@Donovan LietchWhatever the investor receives over and above his $10k investment is taxable income to him (and also a deductible expense to you.)Seeing how little you know at this point about recruiting investors, I highly recommend you don't try it on your own.
Account Closed The 1% Of Americans Who Get Paid To Rent.
19 June 2018 | 0 replies
It means that in strong military rental markets where on base housing is not provided, a service member and their family will receive extra money's to rent/buy a home, in addition to their paychecks.
Nick H. Newbie reaching out to experienced landlords
27 June 2018 | 3 replies
I do agree that 12% is a high rate but I would not complain with the terms you are receiving.
Adam Smith Hendricks County Indiana Designated Rental For RE Taxes
19 October 2022 | 5 replies
Received a similar worksheet to fill out.
Ian Jackson Anybody know some good real estate agents in Ohio?
20 June 2018 | 8 replies
You should have received a message explaining why your post was removed. 
Paul Fagot Interesting Commercial property question for wholesalers
22 June 2018 | 4 replies
Obviously the monthly income drops substantially and so would the percentage you receive
John Warren Tax DEEDS (not liens)? Possible bank foreclosure? IRS? Quitclaim?
25 June 2018 | 14 replies
There's a "rare" case of the property owner declaring bankruptcy before the day of the sale... you can lose your entire bid amount that way... that's atleast what a lawyer stated in a consultation.3) you call the IRS lien department they can fax you a paper document stating if there is a lien or not its best to have this - unsure about the 120 days start date but we can safely assume it starts once the sale occurs or the date its switched legally in the clerk systems.4) State specific - FL the mortgage is wiped out and all liens (excluding municipality liens)5) No they're giving you a "tax-deed" - see my recently purchased tax-deed below (it may look a bit different after the county officially enters it in their systems which happens around 10 days afterward in FL).6) it depends on how your state does their tax-deeds if it has an online system you can literally see the mailings that have occurred and you'll know if the proper procedures were taken.
Josh O'Hearn Can you explain discount points?
20 June 2018 | 3 replies
Hello everyone,I received this message from the mortgage company I am using this morning: “One thing that I was told is that the interest rate would be around 7.875% with 1.25 discount points.”The interest rate seems high seeing my credit is over 700.
Charles Kingery Wholesales & Sales Tax
21 June 2018 | 6 replies
So, I do not receive a "commission" from a wholesale as receiving a commission is one of the factors regulatory agencies here weigh.