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Results (10,000+)
Marcus Welson Capital Gains and Basis on Interest Acquired Over Time through Surviviorship
5 October 2024 | 2 replies
.• A condominium was purchased by Person A on 11/1986 for a property value of $52,700.• On 11/2015, the condo real property was quit claim deeded by Person A to Person B as a joint tenant with rights of survivorship and Person C as a joint tenant with rights of survivorship.
Jay Hinrichs Wholesaling assignments and double closes are now illegal in South Carolina
5 October 2024 | 19 replies
And then re market it they cant have a buyer lined up ahead of time.. as that on its face means they have marketed the property.So read em weep wholesalers assignors.. but I am going to provide ulra short term funding for X wholesalers were we will do JV deals and they can still do what they do.. obviously its going to cost.. so wholesalers with limited profits wont be worth it..Or X wholesalers in SC simply have to get a RE license and get in the business that way . 
Joseph Diryawush Clearing conditions on FHA Loan
1 October 2024 | 2 replies
I have 2 cars that we are trying to exclude the payment from for dti ratios.One was owned at $852 monthly payment (this was refinanced to remove borrower from the loan)this one is giving me a problem because they are asking for payoff but honda is saying they take up to 10 days to be able to send it.Any guidance on a way to get this closed sooner would be great, seller is on a tight timeline.Second one is a lease that we have had approval to terminate (for $2600 fee) and then that one would be excluded.
Melanie Baldridge “How much will I save in taxes this year if I buy real estate?”
17 October 2024 | 1 reply
Here is a framework to think about how buying properties creates the most tax efficiency for you.The 6 levers of depreciation:Lever 1 - % of LandOne of the components of a property is land.Land is NOT DEDUCTIBLE, so low value land properties mean more tax deduction.A value of your overall purchase will be assigned to the land or lot.You receive no near-term tax benefits for buying land.For example - If you buy a $2 MM industrial building outside a rural town on 5 acres, the land value could be $5k an acre.
Osvaldo Guerra Best/safest cities for house hacking.
4 October 2024 | 13 replies
I would instead focus on where you ACTUALLY want to live.
Alondra Ramos Purchasing tax delinquent properties - FOR BEGINNER
4 October 2024 | 3 replies
I am looking for any helpful information you have to share or any (free online) resources; podcasts, books etc.
Leah Ramsey Thoughts on my start into realestate?
4 October 2024 | 6 replies
We will pick his bosses brain eventually.I plan to start my process January 2025 on my duplex.
Lily Ochoa Selling coop(1bd) and buying coop (2bd) in same building at same time
18 October 2024 | 2 replies
Good Morning all, am in the process of selling my coop first per loan officer and will be buying coop (2bedroom) pending sale of unit on contract we signed- my question is when I do my taxes will I be hit with anything ?
Dayana Castellon Airbnb Host and short term rental
5 October 2024 | 15 replies
They have called the police on guests (in the middle of the day, for parking over a sidewalk in the driveway, for noise when guests were playing dominoes by the pool and on and on)…one neighbor yelled obscenities at my guests (in front of children), saying, “We don’t want tourists!” 
Megan Collins Beginner Investor - Fix and Flip need lending
17 October 2024 | 5 replies
Should be on BP as well under their list of recommended lenders.