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23 December 2021 | 4 replies
@Danielle Jackson true but as a side note if they move into a primary that was previously a rental the sec 121 capital gains exclusion would be prorated based on usage I believe.
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1 May 2015 | 33 replies
As for the rental portfolio we are almost exclusively on the west side.
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27 February 2017 | 122 replies
I don't plan on being in this exclusive group for long.
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24 January 2019 | 1 reply
Hi everyone, I’m familiar with this rule and believe I qualify. However, I have never sold a home before and I’m curious how is this proven? Do I need to start gathering proof of my 2 year occupancy? Do I sign a form ...
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5 January 2022 | 1 reply
I've looked around and most 'real estate' lawyers are focused on drafting contracts and other legal documents while 'foreclosure' lawyers are almost exclusively focused on helping those getting foreclosed on.3) Are there any alternative paths of least resistance I'm missing here?
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2 February 2023 | 0 replies
I focus exclusively on remodels and new spec builds in the~Nashville area. 2 questions I have:1) Am I calculating my leverage appropriately?
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2 February 2023 | 7 replies
Land contracts typically work in a unique fashion where a balloon payment, or lump sum, comes at the end of the repayment period after the repayment plan is negotiated between the two parties.Assumable mortgage: An assumable mortgage is a type of home financing in which buyers are given the opportunity to purchase a home by assuming responsibility for and taking over the seller’s current mortgage (especially if it’s charged at a lower interest rate).Lease purchase: Also known as a rent-to-own contract, a lease purchase agreement speaks to a form of agreement under which renters pay sellers an option fee at an agreed-upon purchase price that gives the renter the exclusive lease option to purchase the property at a later date.Land loans: A land loan is used to facilitate and finance the purchase of a plot of land for later use for residential or business purposes.Holding mortgage: Under a holding mortgage agreement, a homeowner agrees to serve as a lender for the home buyer, and provides a loan for the purchase, which the buyer repays by making monthly payments to the seller.
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12 December 2021 | 4 replies
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24 April 2022 | 7 replies
@James Roche @Jason Regan As another agent working exclusively with investors in WORCESTER, MA only I see the deals are few and far between.
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6 November 2017 | 4 replies
I would advise you to seek other counsel to get this question answered definitively as I am not a lawyer.I have used the law firm of Davis and Travaglini, LLC and they handle these issues almost exclusively.