Jeff Bridges
Selling Rental: 1031 or eat taxes?
2 August 2018 | 8 replies
That's pretty affordable compared to the fed and state tax on 87K and depreciation recap.Ned's right - the withholding tax should be waived in the 1031 as MD honors 1031 at the state level.
Micquel Bernier
First step to Wholesaling
2 August 2018 | 11 replies
Or you can use Zillow to determine the value by comparing the property to other houses that have sold in the area in recent times that are about the same size and condition
James Mcgowan
Payoff a rental mortgage?
1 August 2018 | 4 replies
One problem with deploying that money elsewhere is its been a rough go trying ( been looking for awhile..around ATL mainly ) to find deals that actually number out like they would compared to gaining that 1100 per month.
Bill Zarzecki
Proof of funds for getting a contract
4 August 2018 | 14 replies
Researching private and hard money lenders online, all lenders want a house under contract before releasing funds, however, working with a realtor, they want proof of funds prior to showing a house, let alone putting one under contract.
Cammeron Williams
So you've found your first deal.... whats the next step?
7 August 2018 | 5 replies
The easiest options i have used are:- go to a bank, put down 20% on a 30/30 loan and transfer it to a single user LLC, make sure they are cool with that transfer prior to purchasing.
Frankie Betancourt
Can you buy a foreclosed home?
1 August 2018 | 4 replies
Prior to that point you would buy from the current owner.
Haley M.
Cost for mini split AC units in Boston, MA
2 August 2018 | 12 replies
For this project we had to wire in two 6 foot grounding rods outside of the property prior to electrical inspection.
Jeffery Davis
Will another economy crash happen soon?
1 August 2018 | 8 replies
Everything is arguable because times have changed and our economy and the regulations are all very different compared to the early 2000's.There will be another crash.
Jeremiah Gaviña
Taxes on intest made?
8 October 2018 | 10 replies
If you have a sizable amount in your IRA it is possible to access those funds prior to retirement using little known loophole.
Pat Brown
Cashout on Primary Residence for 230k Loan on Investment Property
3 August 2018 | 3 replies
There is no limitation on interest deduction if you use the funds fro rental.I would also suggest comparing interest of heloc and other cash out option to see which one is most favorable.