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2 November 2024 | 2 replies
@Glenn N.Typically when lending you pay taxes in your home state only but if it defaults and you foreclose then you own property in Florida and would be subject to Florida taxes
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23 October 2024 | 9 replies
Yes, you can use proceeds from multiple exchanges and buy into a single replacement property (WATCH the timing though - as as soon as you close on your first relinquished property then you are on the clock).
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1 November 2024 | 34 replies
We are closing on a property in Akron.
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24 October 2024 | 11 replies
What I see most common is borrowers calling thousands of lenders to see who will go the skinniest, only to end up not closing on the deal and paying the price.
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24 October 2024 | 1 reply
Both Democrat and Republican presidential campaigns have found common ground on housing policy by proposing the use of federal lands for homebuilding.
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24 October 2024 | 7 replies
Quote from @Daniel Kulik: Hey everyone, I'm developing an automated property management software specifically designed for small to medium-sized landlords.
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1 November 2024 | 8 replies
I'm here to learn as much as I can about real estate because I am looking to invest in properties near my area which is metro Detroit.
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1 November 2024 | 22 replies
It’s true that you can have a 10 percent down and have it classify as investment property for tax purposes as long as you can meet the irs definition of investment property while also meeting your lenders occupancy requirement.
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24 October 2024 | 6 replies
Mixed-use zoning has been a goldmine for many of my clients, particularly those who started with owner-occupied properties and later transitioned them to full commercial use.
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25 October 2024 | 11 replies
I understand federally I can deduct payments on mortgage interest, property management fees to my onsite property manager, maintenance, etc.