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13 March 2024 | 5 replies
If this does not happen, you can counteroffer specifying the required 1031 language.To fully defer the capital gains tax, you must reinvest all the proceeds from the sale into the replacement property.
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13 March 2024 | 4 replies
It’s probably a better deal to buy an umbrella policy and lower the building liability to 300 or $500k (whichever is required by the umbrella company).You are more likely to hurt someone personally than your building is.
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13 March 2024 | 4 replies
GHAR (Greater Harrisburg Association of Realtors) Membership feeI contacted my current broker to see if I could cut out the Realtor association fee but the response I got was that if a broker is "REALTOR associated" (most franchised brokers are), then you are required to be a member of a Realtor association.
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14 March 2024 | 24 replies
Many cities rules are limited to their city limits and counties can have different regulations or conditions to meet eligibility (often requiring more time and expense.)
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13 March 2024 | 2 replies
Text and phone calls should be reserved for emergency communication that requires an immediate response.
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13 March 2024 | 9 replies
I have looked online but it seems kinda fuzzy and the idea seems great but my understanding is that doing a syndication requires a lot of capital to meet the proper SEC requirements.
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13 March 2024 | 8 replies
I think duplexes require 5% down.
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13 March 2024 | 8 replies
In general, a refinance requires documents proving the income of the borrower such as paystubs and W2s, as well as an appraisal of the property.
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14 March 2024 | 12 replies
However, house hacking is still possible, although it may require some creativity and strategic planning.
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13 March 2024 | 7 replies
Also if there was damage to the property were they required to have renters insurance?