Andrew Cosme
Subject to and seller financing payments
I would like to get into seller financing and subject to deals but don't really fully understand the payments portion of it. What I mean is, the payments made to the seller, is the total payments consisting of princip...
Hae Sun Yi
Sell it or keep it to rent out?
Hi! I have a single house with 4B 2700 sq ft. in Naperville with a property tax of $11.000. I'd like to hear your opinions if I'd better sell it in spring or keep it to rent it out in this market. The rates are going ...
Rob Barth
Renting properties at or below mortgage payment
Is it a bad idea to invest in properties where you would be able to collect rent that is equal or a little less than your mortgage payment? Or does anyone have a rule of thumb on how much profit they typically expect ...
Grace Chee
Appeal property tax increase in FL
Hello BP community, does anyone have experience (or know people who have) in appealing property tax increase in Orlando FL? How is the appeal process like, and has anyone had success or non-success with the appeal?
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Rick Lucette
What are Buyer's Closing Costs and Prepaid Items
Hi All,A friend of mine recently signed an offer to purchase a home. The seller agreed to the following terms: Seller will contribute to $X towards the buyer's closing costs and/or prepaid items. I told him that this ...
Account Closed
NEED YOUR OPINION - Cost Basis in an Acquisition Transaction
Hello guys,My business partner and I just had our construction project completed by our developer with a condominium building consisting of two units (one unit has access to its own rooftop and another unit does not h...
Hudson Walker
Fighting my property tax
Should I fight my property tax this year???Bought my home in July of 2018. Paid $245k. The county tax office is saying it’s worth $239k. So would it be a good idea to fight my taxes if I over paid on what they think t...
Brittany Olofsson
Live in TN, but houses more affordable in KY...
Hello all: I'm a rookie landlord living in Clarksville, TN. Houses are going for over appraisal value sometimes and it's been hard to get an accepted offer on SFHs. Was looking at Oak Grove, KY, right across the stat...
Phattu Gi
S corp shareholders capital accounts
I am looking for help with shareholder basis for s corp with 50-50 shareholders2019 basis schedules filed by prior CPA - She is not willing to share the shareholders basis (unprofessional)2020- Basis is at 180k for sh...
Steve Maye
Need advice for financing purchase
Hello,Recently I posted a topic about purchasing my next rental property. I had considered paying it off in full rather than any financing, but I received a lot of advice showing that having some debt was a good thin...