James Park
Subject to, but small loan - what to do?
14 March 2024 | 7 replies
Better yet and probably and easier sell.. is to have the seller wrap their own first and let them make some delta..
David Doherty
Land with only access through ROW
14 March 2024 | 6 replies
I'm a real estate agent in New Hampshire and my brokerage sells a lot of land.
Dana N Johns
Please advise, My mother wants to give me her house in PA Philadelphia
13 March 2024 | 7 replies
She wants to give me her house and move into a senior citizen home@Dana N Johns: Just a couple of thoughtsTalk to a real estate knowledgeable, CPA, not to your standard CPA and not to unknown investors on some forum in the ether for a matter like this.Now, if your mother has lived in the property for two of the last five years, she is entitled to a tax break on capital gains if she sells or if the title changes hands (basically sells using creative finance).However, if you inherit the property, there is a tax advantage to you in terms of stepped up basis and capital gains and a tax advantage to her from incurring capital gains if she is outside of the “two of the last five years” window.As far as the Medicaid situation, that is best explained by a CPA or tax attorney or Enrolled agent.
Chris C.
1031 exchange residential land to investment property
13 March 2024 | 6 replies
I'd like to sell it and purchase a built property and have that be the rental property.
Grant Greenwood
Capital gains on partial release
13 March 2024 | 3 replies
Let's assume the unwanted property is valued at 100,000k and I sell for 100,000k to be allocated on the partial release.
Lewis Finney
Initial primary residence, then long-term rental...maybe?
14 March 2024 | 18 replies
If you are living in the home, you can do then renos over time.I would want to keep it for as long as possible, but if the property is causing us to extend ourselves, at least five years before selling.
Steven Henao
80k to Invest and Overwhelmed by Choices. Help!
13 March 2024 | 11 replies
This may affect value or time required to sell.7) Adding an ADU does not make the property a duplex.
William Gonzales
Should I sell or should I rent out
11 March 2024 | 4 replies
One of my considerations is to further improve the value by taking a renovation loan, however I'm concerned because of the neighborhood values that investing more money into the home won't net me much profit whether I sell or rent.I feel a little stuck here and I don't want to fall to my limited knowledge, so I'm here reaching out for some guidance.Thank you in advance for any advice or support.
Daniel Vargas
Finding Qualified Cash/Hard Money Lenders in South Florida
11 March 2024 | 2 replies
If you don't have investor lift in your budget you have to utilize tools like propstream, or batch leads to identify who's paying cash for properties.
Account Closed
tenant wants to stay for 3 years+, what to do?
15 March 2024 | 25 replies
The advantage of flat rates instead of increases is the tenant becomes used to it, if they leave early you’ve actually collected higher rents, and you have an easy sell for rent increases when you “haven’t increased rent in 3 years.”