Jeff L.
What are some easy ways to estimate costs when analyzing B&H properties?
What are some easy ways or rule of thumbs to estimate costs when you analyze a buy and hold property? It could be a website, or a percentage of the property or rent price, or a fixed price, etc.Please use the followin...
Bruce D. Bolton
Tax loss on passive income
Can I buy the ag land next to my residence, lease it to a farmer at a loss against my apartments? Or would it be possible to set up my purchase (perhaps through a entity that does such arrangements or a relative) as ...
Margaret Buoncora
Unintended IRA distribution
Need advice on how to request an exception from the IRS regarding a distribution that was not intended from my SDIRA. My custodian issued this distribution due to a fee I failed to make. I also did a short term flip i...
Tasha Pams
Help! Getting compensated for finding tax deeds for buyers.
Hello everyone. I have found some really nice vacant tax deed properties in Birmingham and need some recommendations on how to get, I guess, a finders fee. I don't have the money to purchase them so how do I make sure...
Robert Herrera
Assignment of Contract Buyer has FHA Loan
I live here in Denver, but I have properties in Pueblo. I have a problem I’m needing some help with. I have a tenant buyer on a lease option. They are looking to move and have the option to buy at $57,000. They would ...
Ak Gandhi
How do experienced investor calculate cash on cash and IRR
I am a newbie at RE investing. Finding various SF homes on zillow/redfin and try to run numbers. I am trying to use Rental Property Calculator to run numbers. I am aware of 1% rule. Question is what type of numbers yo...
James Lehmann
Tax Help for Wholesaling
Hi, I've completed my first 3 deals in 2015 as a wholesaler. I'm excited, but I'm trying to be cautious as well. I have not formed an LLC quite yet, but it's happening later this week. So 2 questions :
1) To tax my a...
Janis Dikis
Does FIRPTA apply to wholeselers
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 ...
Michael Krassos
Tax Appeals and Appraisals
Hi all, finally bought my first multi-family, Yay! I believe I have a good case to have my taxes lowered. Property is in Bergen County, NJ. I was referred to an appraiser who will take care the whole process. His f...
Tracey Williams
Cash buyer closing!
For a cash buyer,
Please can someone kindly share with me what other fees you are expected to pay at closing?
I will also appreaciate if you can share your experience with me if you have done a cash closing transa...