Don McAlpine
Selling a Tax Deed Property in Upstate New York
12 June 2024 | 16 replies
Pay them a little for their time.This will save you the expense and time of a Quiet Title.
Tylere Weaver
Holding the note to defer the capital gains.
12 June 2024 | 3 replies
(Minus the small percent of the payments they’ve made that’s been considered capital gains.)My understanding is the 60 payments they make will be split up in to interest (regular taxes), capital gains (15% usually), and principle pay down (non-taxable.).
Michael Mendoza
Advice regarding a property my non US citizen parents bought - mom just passed away.
12 June 2024 | 2 replies
fast forward to 2000s my mom asked me to pay the property taxes so Ive been paying it since then.
Matthew Crane
CPAS: Can I have write offs if I don't make any money...yet
12 June 2024 | 2 replies
I do want to separate my business and home expenses, but even if I had a business CC, I'd still have to pay it off with my personal money because its going to be awhile before I'm making income.
Geremy Rosenberg
First time REI and feeling my way to taking action
11 June 2024 | 6 replies
Thanks Dmitriy, another great resource on this site!
Robert Sorrels
Won Foreclosure Auction! Now what?
10 June 2024 | 39 replies
But as the previous owners didn’t pay their mortgage how likely are they to pay the rent?
Jennifer Lopez
Short Term Rental Calculator
13 June 2024 | 22 replies
If that number is greater than the purchase price of the house, then I would consider buying the property after looking at other factors (location, condition, neighborhood, zoning, etc).In other words, 6 straight months of rent should pay for the house.
Alex Shaughnessy
Advice on property management
12 June 2024 | 7 replies
But right now, it feels like I am solely holding these properties just to pay their maintenance company.
Seth Kristian
Strategy Forum / Open Inquiry
12 June 2024 | 4 replies
If someone struggles with a non-paying renter, they won't come to the "starting out" forum and read a bunch of stories that may not pertain to them.
Natalya Murphy
Tile floor install: DIY or hire a contractor?
9 June 2024 | 14 replies
I'm wondering if it's worth the crazy labor cost to pay someone to do the work, or if it's a project I could do myself.