So my lender was lagging a lot and therefore me and the sellers agreed to postpone closing date twice (we signed anAddendum).

OBTW a multi member LLC files 1065 every year from the date of formation.   

Always document, have them sign an addendum to the lease if it all possible with a very short description of mutual agreement termination (no need to be specific here, I would suggest just termination dates by mutual agreement... period).   

Save yourself the time and court dates, figure out if you can make that work. disclaimer: I am not a lawyer and I am a fairly newbie investor/ landlord. 

The seller would be responsible for the real estate taxes on the property up until the date of sale (this is normally prorated between the buyer and seller for the year of the sale), as well as any capital gains taxes on the sale of the property. 

I have an inspection tomorrow where I plan to point out all the issues I see with his work and plan on using that date as the day I noticed defects.

New investors here closing on 2 multi-family properties. Our first multi-families!We can pick a closing day for our properties either at the end of 2021 or the beginning of 2022. Do you think either is more advantag...

If this is an app fee, call it that and don’t risk confusing it with a true deposit.

They only way to rid yourself of PMI is to refi at a future date when you have sufficient equity 78%.

https://www.har.com/content/newsroom/Houston Real Estate Highlights in November-Single-family home sales rebounded from a slight decline in October, rising 3.9 percent with 8,320 units sold versus 8,010 in October 2020;-Days on Market (DOM) for single-family homes dropped from 46 to 35;-Total property sales rose 5.6 percent with 10,216 units sold;-Total dollar volume increased 20.6 percent to $3.7 billion;-The single-family average price rose 12.6 percent to $383,807; -The single-family median price increased 16.3 percent to $314,000 – an all-time high first reached in June of 2021; -Single-family home months of inventory registered a 1.6-months supply, down from 2.1 months year-over-year and below the national inventory of 2.4 months;-On a year-to-date basis, single-family homes sales are 12.0 percent ahead of 2020’s record pace and 22.2 percent ahead of 2019.