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Results (3083)
Sol Silverstein Buyer wants to back out of contract right before closing.
24 January 2023 | 41 replies

Hi everyone. looking for advise, i am in contract to sell a multifamily property in upstate NY (Albany/Troy NY area). the buyer wants to back out right before closing after months of pushing up closing time.... he got...

Anssi Viljanen First personal residence with an interest only loan?
28 July 2017 | 16 replies

Hello community, I was talking to a financial advisor and he brought something interesting to my attention that I wanted to ask you about.

The advisor suggested that for my personal residence I should buy a house ins...

Mario Morales Not sure how to interpret this-Schedule E - Is this good or ok ?
15 January 2024 | 9 replies

I am working on my schedule E and this is what the year looks like for 2023. I see the numbers and I don't know how to interpret them. I don't have deprectiation in here and the monthly mortgage going towards principa...

Jan Walczak (Toronto/Ontario) Selling property as principal residence proof
22 November 2019 | 4 replies

Hi everyone,
I'm considering selling one of my properties next year but would like to sell as principal residence to avoid capital gains tax. What documentation/proof do I need to provide CRA as means of proof? 
Ex....

Ryan Swan UCC Financing Statement for Family Loan
25 February 2013 | 5 replies

A family member loaned me money to make a property purchase at trustee sale. Their loan amount was roughly 30% of the purchase price of the property. We have a promissory note for the loan amount and I am paying them ...

Bill McCoy tax consequences of "short sale" on private note?
13 April 2019 | 2 replies

I held a private deed of trust (5 years, balloon payment) in a friendly transaction but it was all properly recorded, etc.. I agreed to effectively a short sale: mortgagee sold property and I received all proceeds, wh...

Artem Shum 90 Days Challenge. Day 84 Please help me to analyze this property
7 December 2020 | 3 replies

Hello
I am new to REI and I am trying to learn how to find the best deal in the market. This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, l...

Ashly B. Tax question: Owner financed payments
6 February 2022 | 5 replies

I am hoping to do my own taxes this year but got a little stuck as I was finalizing my books. I purchased a SFH in Oct. 2021 with owner financing that is still under renovation. I understand that any renovation expens...

Henry Li 2nd mortgage note - Can I foreclose?
5 December 2016 | 28 replies

Hi all,       If I have a 90k 2nd mortgage note on a property worth about 600k which the first mortgage is 340k, leaving enough equity on the house. What is the best exit strategy?       A bit background, I did a flip...

Chad George Seller Financing & Sub to financing
9 August 2022 | 11 replies

If anyone is willing to provide some insight on how to execute either of these strategies it would be greatly appreciated. What contracts do I need? 3rd party note servicers? What are all the steps to protect me and t...