Amy Hu
HOW to write "lien clean" requirement in purchase contract?
17 February 2017 | 3 replies
Make sure you use a contract that has wording to that effect.
Matthew Burns
Should I Rent or Sell my one Investment Property?
15 February 2017 | 5 replies
We would need more context to effectively answer this.
Blake C.
Sell to LLC to avoid tax under 2/5 rule?
15 February 2017 | 1 reply
You basically just answered your own question, when you move it to the LLC, you are selling it to that LLC. you would have a closing and everything because the Title would have to be changed, and there is a possibility that the " due on sale" clause will take effect and what ever you have outstanding on your loan, the bank could call due.
Garmeon Y.
Realtor's worst nightmare? Getting their door kicked in...
20 February 2017 | 12 replies
Probably has zero effect on the price
Mark S.
Max Number of W-4 Allowances
22 December 2018 | 13 replies
The IRS does have a worksheet to compute the effect of the number of allowances you want to claim.
Sean Thomas
Fast closing in Baltimore
16 February 2017 | 4 replies
I don't want to close faster than an effective title search could be done.Thanks
Tammy Kapsalis
Sounds proofing between upstair and basement.
10 March 2017 | 7 replies
Tammy Kapsalis Roxul has a lot of products but if you used the safe n sound between joists the barn wood strips probably won't have any effect one way or another.
David Gold
Taxes for new landlords
15 February 2017 | 2 replies
The amount you can deduct for depreciation might roughly equate to the principle portion so the net effect could be that you pay taxes on an amount pretty close to the amount of net cash you keep.The portion of your mortgage payment that is principle vs. interest will depend on a number of factors, but the lender should send you a 1099 indicating how much interest was paid throughout the year which can be deducted on your taxes.
Bruce Clark
First owner financing proposal - Am I overlooking anything?
6 October 2017 | 18 replies
Now if I can only explain this proposal to the realtor so that she effectively conveys it to the seller...Thoughts, recommendations, advice welcome!
Sunny Rajvansh
Flooring recommendation for rental property
18 February 2017 | 7 replies
Cost effective, looks the part, durable and water friendly.