Hello sorry for such a noob tax question but I just wanted some general guidance on how taxes would work in my case. I am fairly new to real estate and this is the first property I am considering flipping. This year o...
How my father's death changed my businessI was 2 years old when my dad died. He left early for work one day, had a seizure while driving and died in a car crash. He was 28 years old and never made it back home.I was h...
I inherited tenants in a recent house hack purchase who are in ill health. The mother is in the hospital and it's not looking like she will make it much longer. The father had a stroke, and is receiving home healthc...
Hello! I am currently looking to buy my first property along side my fiancé. I am a electrician with many friends in the trade so I thought a live and flip with a goal of selling within three years is a achievable goa...
my father and mother own two row homes in north philadelphia. our family business has been housed in these homes since they were purchased over 35 years ago. my brother and myself are now part owners of the corporat...
Investment Info:
Single-family residence fix & flip investment.
This property was the first one I ever worked on with my father. He put it the market and the real estate agent advised him to add a closet...
My father is law (let's call him FIL) is retired, owns his home free and clear, wants to downsize, and eventually would like his estate to go to his only child (my wife). Get likes the idea of moving into a condo or a...
A little background info: My father in law is about to have his condo foreclosed on. It is currently in forbearance and in about 6 weeks he will lose his property according to him. I've just learned of his situatio...
Hi, my name is Frank. I'm in a situation where I will be heading out of state for school for two years. My father has a negative view on renting out and managing my SFR.I'd like to start a discussion on what can be do...
I want him to owner finance to me so I can rehab it to lease it out and I want to sell him on that idea. His plan with the sale money would be conservative and put it in CD’s. I picture a different scenario where the ...