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Results (297)
Ru Monsell Buying subject to
29 November 2013 | 11 replies

Would love to hear from anyone buying by taking over loans subject to existing seller financing. The closer you live to t Maine, the more helpful the advice will probably be! thanks

John Hylton Capital Gains primary residence
31 August 2016 | 12 replies

Hi guys,

We bought a home last year (essentially a long term flip), and we decided to make it our primary residence for a bit. The reason was two-fold; it met our current needs as well as would keep us from paying ca...

Angie Menegay Expenses associated with a wraparound mortgage
20 February 2013 | 14 replies

For tax filing, where would expenses associated with a wraparound mortgage be reported? On Schedule A? Some examples would be interest paid to the underlying lender, note processing fees etc.

Thanks,
Angie

Rich Weese 3.8% tax on future real estate sales!!!!
11 March 2012 | 15 replies

There is a provision for a 3.8% tax on real estate sold beginning in a couple years as part of health care bill! I did try to verify with snopes. It was confusing and only discussed in terms of owner occupied sale. Di...

Reggie Youngblood Quick Question About Closing
26 August 2012 | 10 replies

Is it legal for the buyer to pay the assignment fee at the time of the assignment, or does that have to take place at closing? Also, if it is ok for the fee to be payed at the assignment, would I have to go to closing?

Tyler Sweet Cryptocurrency and Real Estate
16 January 2025 | 6 replies

Has anyone purchased Real Estate with cryptocurrency? Did you sell first into cash, then purchases? What do you wish you knew then that you know now? Would you do it again? 

Jolene Adam Losses and taxes
11 January 2016 | 7 replies

About 10 years ago, Friend A (on advice from his CPA) and an IRS rep both told me that I should strive to not have a loss on my rental property for more than three years, or no more than three out of ? years (not sure...

Dan Spurlock Buffalo,NY, Roger Farney,David McLeod,Real Estate advantage?
27 September 2017 | 12 replies

I own three duplexes in Buffalo and they were managed this past year by a company called Real Estate advantage. The owners were David Mcleoad and Roger Farney. They didnt collect rents from my tennants for five months...

Brian Bradley Estate Planning for Asset Protection
22 August 2018 | 6 replies

Do you have your estate plan / trust in place? If not, then you are not protected from wealth destruction and the Big 4. Asset Protection is not just about preventing liabilities A true asset protection plan involves ...

Ray Li Using SDIRA for flipping, looking for mentor
11 July 2017 | 27 replies

Hi follow Dallas investors, my name is Ray, I'm an out-of-state investor from California, and I'm considering using my IRA funds to flip and sell houses in the Dallas area. I'm looking for an investor who has done the...