William Farnsworth
Negotiating Additional Reduction Short Sale Reverse Mortgage
My grandfather passed at the end of August with a reverse mortgage in excess of $850k on his home that was recently appraised at $585k. HUD has informed us that they'll accept a short sale for 95% ($557k). I had the t...
Chris C.
Calculating taxable income reductions into a deal?
Hi. One reason I am exploring investing in real estate rentals out of state (I’m in CA) is to offset realtor commissions. Please correct me if I am wrong, but it’s my understanding paper loses from a rental can reduc...
Account Closed
Thinking through company structure for tax reduction
Good morning, BiggerPockets!
First, let me save you the trouble: you are not my attorney nor my CPA and any advice given is for educational purposes only!
Second, thank you for taking the time to respond. The shari...
Luke Stone
Inflation Reduction Act Solar Panels - What’s Covered?
It is my understanding based on ITC Section 48, rental property owners can now take advantage of tax rebates to install updates. Additionally some of the costs such as updating the electrical panel and trimming trees ...
Kurt Gardner
Investment property tax exemptions or other reductions?
I searched the site for some basic information on this, and didn't see much in the specific area of exemptions, and that might be because there really isn't any (sad face).I do know the lot of you are much more intell...
Al Williamson
Want $12,000? The $100 Expense Reduction Challenge
You can boost your equity by reducing expenses - but will you try?
Help fill the Innovation Shortfall by accepting my dare to reduce your rental's expenses by the equivalent of $100 per month AND providing supportin...
Connie Wang
tenant ask for rent reduction for inconvenience
My tenant started late July has made some requests to fix during walk through. It includes closet door track not completely smooth, blinds not holding up well when pulled up half way, balcony floor has weather stains,...
Tyler Willson
Economical noise reduction for upper/lower duplex?
Hello everyone, I am think about purchasing an upper/lower duplex in my area. The upper unit has pretty much been gutted (there is still some flooring left but studs otherwise), and I was wondering if it is worth doin...
Dominique Guinnane
Interest Rate Buydown vs. Sales Price Reduction
Hello Everyone,I'm a fairly new real estate agent in the Bay Area, CA. My brokerage recently had a quick presentation on how having an interest rate buydown vs. a sales price reduction could be beneficial to both sell...
Vaughan Moody
Calculator available to show mortgage term reduction ?
Can anyone point me towards an online calculator that will show how much sooner we would pay off our mortgage if we divided our monthly repayment amount by two and paid that amount (half of a monthly amount) every two...