Baraa Yassin
Donate A property who should I go to
14 September 2018 | 2 replies
Hi BP,I have a friend of mine bought a land through tax foreclosure auction...he bought it without doing any due diligence ahead of time, anyways he found out its a very small lot and worth nothing if he is trying to sell.The appraisal value is $12k and he paid a bit less but no body would buy such lot on the market...somebody told him to donate the land to the city or the county or some sort of organization that helps people and file it on his tax return as deduction. my questions are: 1- Any suggestions who to target to donate the land 2- If he donated the land can he file it as a loss or deduct it from his tax refund at the end of the year...he is entitled to pay some capital gain taxes on other properties he sold so this deduction will definitely help.3- If point 2 is doable will he be able to file based on the appraisal value $12k?
Carolina E.
Illinois Will County Taxes - Is there a limit?
14 September 2018 | 3 replies
If you bought a foreclosure they may have you over a barrel.The purchase contract must be an "Arms Length Transaction" Not a discounted sale from a friend or relative.
Scott Bowles
Good pay online options for DIY landlords
16 September 2018 | 8 replies
Any recommendations that are user friendly with low associated fees?
Mark Doty
20 Unit Deal - Commercial loan questions
19 September 2018 | 23 replies
This is a friends and family deal to get comfortable with the syndication model, provide decent returns then improve on the model.
Josiah McGinnis
Need Advice: Letting a tenant install a new toilet?
2 October 2018 | 34 replies
A friend of mine helps his dad run a few rentals and this is the process his dad does with his tenants (all self managed btw).
Wendy Vaidic
Zoning Changes For Mobile Home Parks
27 November 2018 | 19 replies
@Wendy Vaidic sounds like you have some members on the city or municipality board who are not mobile home park friendly and are trying to make life difficult.
Mark Andrews
How to be a great landlord
15 September 2018 | 11 replies
Tenants are not your friends.
Karina Torres
”My credit score is very good , but my income is low”.
13 September 2018 | 1 reply
A friend referred me to this app so I can expand and develop my knowlage in real estate investment.
Jacob Rodrigues
Trying to house hack for the first time
23 October 2018 | 15 replies
I talked to a mortgage consultant who is a family friend and he seems to think I’m far away from being ready to buy.
Karina Torres
“My credit score is very good, but my income is low”.
15 September 2018 | 10 replies
A friend referred me to this app so I can expand and develop my knowlage in real estate investment.