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Results (9,272+)
Nate S. Why all the hate on wholesalers?
23 July 2020 | 34 replies
All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserved.There is a case paying out in Collier County at this time.
Ben Gammon HUD questions
27 October 2016 | 9 replies
I have a relative that is willing to gift some cash and I can get some private money to cover the rest.  
Josh L. Tenant long list of requests- How do you respond?
20 December 2016 | 15 replies
Give them a little coffee shop gift card and thank them for being a good tenant.Final thought and not to sound paranoid but remember that house fires happen every day.
Account Closed Cant' reach the 2% rule in my country
6 March 2016 | 9 replies
There's two camps on properties:invest for appreciated FUTURE value (ie speculation)invest for cash flow in the here and nowAfter 18yrs of buy & hold for the latter, I am taking the former as a gift/bonus after depositing18*12*6 checks(1296) * avgrent(850) = 1,101,600 USDergo (and obviously) I scoff at appreciation speculation approach
Sun Kim Best Way To Change Property Manager
12 December 2015 | 3 replies
(give them deposit slips)Have the tenants email you with issues (not phone calls)Let the tenants know that your are the owner, you expect them to take care of their unit (inside and outside), to report any problems immediately by emailLet the tenants know that you appreciate their feed back and their rent payment on timeGive them something for Christmas, a turkey, gift certificate, cash.Ask the manager for a report of all maintenance performed and the cost for that foor the past 6 monthsIf you don't want to manage the units, interview other management companiesAdvertise "Wanted part time real estate manager, to inspect properties, collect rent and report on maintenance issues.
Michael Chang Mortgage lender in North Jersey?
25 April 2016 | 1 reply
At the moment, we have decided that they will purchase the property in cash and then sign the property over to me after closing (either as a gift or by me taking out a personal loan from them, secured by the property).
DeJarian Dickson Graham Should I invest in Detroit??
26 March 2020 | 27 replies
Since it’s legal for recreational use many companies or groups have been selling tee shirts that come with a “Free Gift” which is a bag of weed and depending on your t shirt price determines the quantity/ quality.   
Account Closed Valuable Asset Introduction for Real Estate Investors on BP!!
12 October 2023 | 0 replies
I am a Certified Public Accountant (CPA) specializing in real estate, with a strong commitment to helping individuals and businesses successfully navigate the intricate financial landscape of the real estate industry.Over the course of my career, I've honed my expertise in a wide range of real estate accounting and financial management areas.
Account Closed Seasoned Real Estate CPA Expert Answering all Questions on Investing Tax Strategy
10 December 2023 | 50 replies
For example, if your property (excluding the land) is valued at $275,000, you can deduct approximately $10,000 per year ($275,000 / 27.5)....Remember, tax laws can be intricate, and your personal circumstances may affect how these rules apply to you.
Account Closed What is Sweat Equity Taxation in Real Estate?
17 October 2023 | 0 replies
This is particularly true if your involvement is more akin to a job or trade rather than a passive investment.Gift Tax: In some cases, if you're providing sweat equity to a property owned by someone else, the IRS might consider your contributions as gifts.