Thoughts?Sale of Equitable Interests in Real Estate Clarified Governor Abbott Has Signed SB 2212SB 2212 amends Chapter 1101 to codify the clarifying changes to TREC rules regarding sale of certain equitable interests ...
Digging thought probate records of my county, it is quite hard to find property address of the deceased. Most cases simply state the dollar amount of the assets, like $200k , etc… I wonder how do you guys usually...
Hi! I really need your help to understand this issue. "Under the Foreign Investment Real Property Tax Act (FIRPTA), when a US non-resident sells real property, 10% of the gross sale price will be withheld for the IRS ...
What is Real Estate Professional Status?
Section 469(c)(7) provides an exception that allows qualifying taxpayers to treat rental real estate activities as nonpassive, enabling them to deduct losses against other typ...
Hi, I'm in California, my wife and I are real estate investors (both unlicensed) I'm looking to hire a licensed agent to do some tasks for our company, mostly driving to look at properties, taking pictures, dropping o...
Real estate is land with permanent improvements, whether natural or man-made, including water, trees, minerals, buildings, houses, fences, and bridges. Property is a type of real property. This is different from priva...
There is an absolute auction coming up about an hour away from where I live. It is a 3 bedroom 1979 mobile home in (according to the listing) poor condition on 3.5 acres. There is a well and septic. The listing descri...
People InvolvedThe friend (Alfonso) is a born-and-raised Canadian citizen and resides there 100% of the year. I'm an American (Minneapolis, Minnesota MN)The Intended DealAlfonso and I want to JV (Joint venture) a hous...
We have an opportunity to buy a nice property in Georgia, but are told it's an "estate sale", with special rules. Anybody know what the rules are, and what we're dealing with? Is this like a foreclosure--i.e., an au...