Kev Cooper
Best Way to Protect Assets while minimizing taxes and probate
20 September 2020 | 5 replies
He consulted a lawyer and if they are both on the title they don't get taxed for the first 500k of profit, if its just my mom they just save half but then god forbid a lawsuit happens its not protected.In a trust it seems like its protected but there is no tax savings if they sell the house, in a revocable trust they have the tax savings, and probate risk is removed but its not shielded from a lawsuit.Is there anything to minimize all 3 problems of taxation, lawsuits, and probate?
Steve L
How to finance a house flip
15 September 2020 | 2 replies
I have a chance to buy a property valued at 308k for 280k, which I would like to invest a minimal amount of money into and flip.
Lance Lewton
WHAT WOULD YOU DO???
16 September 2020 | 2 replies
My biggest thing has always been the minimalizing of my big-ticket costs on my budget so I have the ability to do more with my life.
Josh D.
Ending a lease with large balance due
21 September 2020 | 9 replies
If she does, then let her know you will have to assess the damages (if applicable) after she moves out.I just did something like this in July, but also promised to return some of the security deposit ($700 out of $1150) if they moved out by July 8th, left the house broom swept clean, all the belongings removed, and no/minimal damages.
Joey Schad
College vs Real Estate Investing
5 October 2020 | 13 replies
I think that is a great way for you guys to start with minimal money down.
Jonathan Leblond
Insurance for rental property
17 September 2020 | 8 replies
Insurance costs are generally minimal.
Priscilla Hurst
Raising a House in Houston
23 September 2020 | 4 replies
My brother in law turned a single story into a two story after Harvey since he couldn’t otherwise get out of the property and has gotten a bigger living area and converted the entire first level into storage area that can take a future flood with minimal restoration cost.
Rodrigo Barrera
new contruction (built 2018)-seller financing
16 September 2020 | 0 replies
new contruction from 2018, across the street from college, minimal vacancy How did you finance this deal?
Jason Snider
Subject To Deal - Looking for Advice
17 September 2020 | 0 replies
The home only needs minimal repairs, about 5-7K to get the unoccupied units rent ready.
Maria D'Aura
show me a multi-family meeting 2% rule
24 February 2021 | 52 replies
You are basically maintaining them at minimal level and sucking the cash flow.