Sean Haberman
Farmland held in S-Corp- perpetual easement question.
20 April 2024 | 8 replies
Hello,I am working with a client who has farmland held in an S-Corp (current tax basis is approx. 5% of market value), It seems there is not a way to sell this property without having to pay capital gains, since it is unfortunately held in an S-Corp.There is an option to sell a perpetual conservation easement to the land while still maintaining ownership of the land.
Sean Dougherty
Seller financing the difference between listing and purchase price.
19 April 2024 | 0 replies
Should it be outside of current escrow?
Jon Steffen
Out of State - Ski Property - Short Term Rental
19 April 2024 | 6 replies
I live abroad in Bermuda and I'm currently unable to buy property there due to restrictions and transaction taxes.
Alex S.
Escrow shortage, so Mortgage going up to cover it, and losing cashflow on Rental Prop
19 April 2024 | 9 replies
First year was fine on property taxes, and we were cash flowing great. 2nd year the property taxes went up and not enough escrow was taken out by the lender, so now they're trying to catch that up and predict the current year, so mortgage essentially went up $1000 monthly, thus killing my $500/m cashflow and making me a $500/m loss.
Nathan Stone
Is Homeroom property management any good?
21 April 2024 | 22 replies
We listed the home on Sept.1 and currently have 1 tenant who supposedly moved in on Nov. 1.
Anthony J Ruma
Tennesee renters rights
20 April 2024 | 7 replies
I just sold a duplex for $520,000 in four days, even though the current income is $1800/month and the market rate is only $3,000/month.
Iris Sanchez
Can I use rental income to get a loan
19 April 2024 | 5 replies
Goodmorning BP community my husband and I currently own one rental property that is fully paid for and we would like to start thinking about getting the second one, the problem we have is my husband doesn’t have a job so he wouldn’t qualify for a regular refinance.
Cody Cavenaugh
Investment Property Loan
19 April 2024 | 14 replies
Currently thinking a DSCR or Private money lender would be best bet.
Noah Condon
Starting a House Flipping Business
19 April 2024 | 16 replies
Every Friday they'll have their hands out, even if there were down days or injuries.Better to let a real Contractor handle this, they'll have multiple jobs and a lot more profit margin to dip into to cover their overhead....you should be handling the overall project decisions and going out and finding the next project, not running a kindergarden (as I used to call it :-) Thanks @Bruce Woodruff I do the majority of the renovation & labor currently.
Mark Koontz
Financing Options / Appraisal Issues
19 April 2024 | 9 replies
I am currently under contract on a fixer-upper Farmette (Maryland).