Aprilila Tran
Best ways to relocate rental properties in other states to SD.
Hi, I am new to San Diego. I have rental properties in NV. What is the best way to relocate my investments from NV to SD? Should I sell them first and look for property here in SD? How soon, after the sale in NV, d...
Tidal Creek
renter asking for a W-9
My daughter has been renting a house for a couple of years. She is about to sublet one of the rooms to someone. The new tenant is requesting my daughter fill out a W-9 so the new tenant’s employer can pay her rent di...
PJ O'Connor
Seller owes back taxes - is there any relief for buyer?
I put an offer on a short sale. 391K offer, comps are over 600k. House needs approx. 100k in upgrades. Offer was accepted, sellers bank approved. However, the seller did not disclose to the bank that he owes 27k in ba...
N/A N/A
How does everyone deal with 1099 of income to the homeowner.
Does every bank issue a 1099, is it standard, can you do a deal and request the bank not to 1099 the homeowner.
Does it bother you in closing a deal that is short sale of say $100,000 that they are going to get hit w...
Mitch Freed
IRS Foreclosure: Seizure and Sale
Anybody have any experience with an IRS Public Auction where the IRS is auctioning off the right, title and interest of the Taxpayer in and to the property?
This particular sale has a 180 day redemption period I cann...
Noah P Bonds
What happens to income from non-conforming units?
Property is zoned duplex, but has an additional mother in-law situation that is rented. So three tenants with three leases, but only zoned for a duplex. Very unlikely the city will care. Is there any creative way the ...
Julian Chomicki
Hello from Argentina!
Hey everyone, excited to be here!I'm a seasoned finance profeesional with over 7 years working in Corp Dev & IR roles in Argentina. I recently quit my job to dedicate full time to RE investing.Given the macro inst...
Account Closed
Rebate from purchasing a home
Hello, I am new to BP and investing. Ive heard some stories of home buyers getting a $8,000 rebate after purchasing a home. Is anyone familiar with this? If so, is it only for a first time home buyer? Is it only for c...
Craig Steltz
Consequence of capital gains tax
All,
Other than having to pay tax on your capital gains are there any other consequences? Can it raise your tax bracket. or have ony other impact?
If you make $1,000,000 and then pay your tax bracket amount say 25%...
Ed Brownstein
Cookie-Cutter Solo 401k plan from discount broker?
It appears that some of the brokers have cookie-cutter Solo 401k plan agreements for their customers. Reading through the agreements the plans allow for Real Estate & loans. I know mysolo401k.com allows their pl...