16 November 2017 | 2 replies
You would still be responsible for closing costs.If there is still a loan on the property - you may be subject to the due on sale clause.You may be required to file a gift tax return upon gifting the property to your mom.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/356431/small_1697053743-avatar-lanaf.jpg?twic=v1/output=image&v=2)
16 November 2017 | 4 replies
For example, I loan 50k and after 3 months I get back 58.5k in return (50k loan, 5 points = 2500 and 12% interest = 6000).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/377573/small_1621447697-avatar-nativesun1979.jpg?twic=v1/output=image&v=2)
17 November 2017 | 3 replies
California will ALWAYS tell you that they get to collect taxes (it is there go-to answer, regardless of the question) and while she'll owe California income taxes, she does not owe any California employment taxes.However, at year end, she will have to file both California and Florida state income tax returns and her personal 1040 will then have to report to California since California has nexus to her business.I guess my first question is, since you are domiciled in Florida, why did you open the business in California.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/915635/small_1621505501-avatar-kennyczaj.jpg?twic=v1/output=image&v=2)
6 December 2017 | 20 replies
I'll be looking for cash flow of at least $300 (50% rule being at least $150) and cash on cash return of 14%.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/665968/small_1621495038-avatar-rockyg5.jpg?twic=v1/output=image&v=2)
17 November 2017 | 30 replies
This was proven to me in an ethics poll about returning an envelope full of money.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/905679/small_1621505327-avatar-ruelb1.jpg?twic=v1/output=image&v=2)
16 November 2017 | 3 replies
I was thinking that the return was going to be thin.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/881586/small_1621504908-avatar-benjaminr50.jpg?twic=v1/output=image&v=2)
16 November 2017 | 5 replies
a, you can make high % returns, b. you make returns from taking people's earnest money and forfeiting their purchase
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/923623/small_1621505625-avatar-keithc80.jpg?twic=v1/output=image&v=2)
15 November 2017 | 0 replies
The unique layout allows one to view Row By Row.Sort of a A 30,000 ft View of whats on the table for this neighborhood .It is a minimal look to simply demonstrate numbers - Cash , Repairs, ARV and Rent returns if property is held.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/524920/small_1621481385-avatar-jeongmin.jpg?twic=v1/output=image&v=2)
19 November 2017 | 5 replies
Hi,I am looking into Realtyshares and found interesting investment in Texas.https://www.realtyshares.com/investments/slate-apa...I am not very sure what will be real return but16~19% projection sounds attractive.Is this a good deal?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/331706/small_1621444790-avatar-ryan94.jpg?twic=v1/output=image&v=2)
19 November 2017 | 14 replies
Well turns out the Reason that she was late was because the post office returned her mail which had my rent check in it.