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2 January 2022 | 3 replies
In the cases I've identified, all of this agent's listings are over $1M.In one case, this agent was 350 sq. feet short which, based upon the sale price, represented a $100,000 gift to a buyer.In another sale, this agent was 700 sq. feet short which represented a $210,000 gift to a buyer.Has anyone heard of this practice?
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31 July 2022 | 25 replies
Thank you all for the helpful advice and tips.
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11 January 2022 | 3 replies
@Deniqua AntoineYour profile mentions that you are a realtor + househacking.If you are a realtor, you want to have a conversation to see if you are eligible for Real Estate Professonal Status(REPS).Below is a sample of expenses that realtor's are eligible to deduct - MLS Fees, Home office, Mileage, Business Gifts, etcHouse hacking makes your tax situation more complex.You purchased a property that is treated as both an investment property and a personal residence.
3 January 2022 | 3 replies
They can also give you a gift of equity and pay your closing costs, thereby no costs to you.
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3 January 2022 | 4 replies
Any tips I can give you here are not going to get you what you need, because every deal (and every market) is so different.You already know what sellers want: highest price, highest probability to close.
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3 January 2022 | 0 replies
However, I do not have the capital for these properties does anyone have any tips or advice on what to do with the deals?
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3 January 2022 | 4 replies
With that said, thank you for giving me the MLS tip.
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4 January 2022 | 4 replies
@Conner Olsen Thank you for the tips!
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22 January 2022 | 12 replies
And please feel free to leave any helpful tips.
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5 January 2022 | 5 replies
And thank you for the tip about opening two accounts for commissions and rental income under one LLC umbrella!