Jovani E.
Co-op Condo for sale
14 May 2024 | 3 replies
But as soon as their is a sale of the property - that differential goes away and the property appraiser is free to tax it at it's "just value" - which is usually some percentage below what you paid for it... like 15-20% less than what you paid.
Brian Reed
Taking Over Close Friends Loan
13 May 2024 | 1 reply
There is not a way to get cash out on creative finance, unless you involve an unwary private lender at great risk to both lenders.
Dawne Morris
Need Refinancing advice
15 May 2024 | 13 replies
If it's your primary residence, you'll be able to keep any gains tax free if you've lived there 2 of the last 5 years.
Brittany Farrell
Problem with contractor... and now he's threatening a lien on my building
15 May 2024 | 11 replies
check with a local attorney there are rules for filing liens of course anyone can file them but that does not mean they were filed legally.. in most states you have to give a PRE lien notice in writing and by certified mail.. you have time limits to file it.. so if they try to cloud your title they are taking a risk of slander of title. not that they have any money to pay if they lose but you can fire back with that if you need to.
Laura Kreinbring
Tax Advice, long-time tax platform user depreciation basis adjustment
14 May 2024 | 10 replies
Quote from @Laura Kreinbring: What do you think about what the platform professionals told me:So you use experts from one free forum to validate the expert from another free forum?
Trevor Crabtree
First Turnkey Property
14 May 2024 | 31 replies
For starters, make sure you are working with a TK provider that is not just going to tell you all the pros of the marketplace and their company but also all the risks associated with the marketplace and all their weak points.
Diane Conner
Question about partnerships investing in properties
13 May 2024 | 2 replies
You could structure a joint venture agreement but make sure you lay out the following: - Purpose of the Venture- Contributions- Ownership and Profit Sharing- Decision-Making- Management- Duration and Termination- Liability and Risk Allocation
Michael Glaspie
Best alternative to CoStar
14 May 2024 | 17 replies
Offer free services or models of sharing that data to other brokers at a price that do not equate to highway robbery.
Alvaro Suarez
How to avoid the 6 month no cash out period?
15 May 2024 | 11 replies
When purchasing a BRRRR property, it's super likely that at least some of the neighboring homes will be in less-than-ideal condition so you want to give it time for those models to go under some rehab hopefully and appreciate which will help your appraised value at the end of the seasoning period so you can maximize your cash-out.If you have any additional questions - feel free to reach out!
Ajay Sharma
Group home rental in Minnesota
14 May 2024 | 4 replies
I know an investor in Minneapolis that specializes in this feel free to dm me.