James Williams
Option Agreement With No Earnest Money Deposit
11 June 2015 | 1 reply
Without consideration the transaction didn't happen.
Kyle Scholnick
The 0.5% rule...Can you be successful?
22 June 2015 | 20 replies
Counting on appreciation in a 3 to 4 year time frame is very risky - especially with transaction costs so high.
Mike Haikin
Contractors in Grand Rapids, Michigan
3 August 2015 | 2 replies
HI Mike,I work for a property management company that has its own service department.
Abhilash Joseph
Tenant had a Heart attack
15 June 2015 | 11 replies
Suggest to her to contact the United Way or Texas Department of Housing as a courtesy.
Jonathan Bonck
Seeking Houston CPA Partner Investor
30 May 2022 | 17 replies
Like an attorney.For a CPA, your primary consideration should be someone who intimately understands the type of transactions you're doing.
Jonathan C.
Flipping as Active Income - Tax issue/Question
15 June 2015 | 13 replies
Depending upon the volume of transactions, how long you hold them, and if you can be a landlord for a little while, you might also be able to qualify for capital gains treatment.
Jonathan C.
Starting out with $40k cash, NO CREDIT, what's the best strategy?
19 June 2015 | 16 replies
I would also recommend looking into becoming a transactional funder.
Jillian Summers
Buying from Wholesaler..Next Steps?
18 June 2015 | 3 replies
Let them know it will be a cash transaction etc. they will ask for the contract, and they will run a title search and insure the title.
Vlad-Stefan Marcu
Tax Deductions for a Live in Flip
16 June 2015 | 3 replies
If you owned the home for at least 24 months (2 years) during the last 5 years leading up to the date of sale (date of the closing), you meet the ownership requirement.If you received Form 1099-S, Proceeds From Real Estate Transactions, the date of sale appears in box 1 of Form 1099-S.If you did not receive Form 1099-S, the date of sale is either the date the title transferred or the date the economic burdens and benefits of ownership shifted to the buyer, whichever date is earlier.
Joel Strehl
College student/aspiring real estate investor seeking guidance
16 June 2015 | 7 replies
What does a typical property acquisition look like from idea to transaction?