Yashasvi Soni
Preventing earnest money deposit loss?
Hello everyone,
So I found the one, the property I have been looking for. It's a 4 unit multifamily. This would be my first real estate investment, worth $450,000. Quite expensive for my first investment and I am bit...
Michael Dunn
Rental Income and how it shows up on your Taxes as Income ??
Rental Income and how it shows up on your Taxes as Income ??Can someone please help me in understanding the way in which the Rental Income received will be " Counted for " on my 2017 taxes .Example:Let's say I receive...
Terry Madden
Looking for an Investor - Jersey City, NJ
Hi All, My fiance and I invest in condos in Jersey City and we have had a lot of success since starting in 2015. We recently completed a project that received raving reviews by everyone who viewed it. Here is a link t...
Jonathan B.
HOA Foreclosure with existing Reverse mortgage (HECM)
Hi Guys question for thr pros on here,FL.HOA is foreclosing on a property with existing Reverse mortgage,The Reverse mortgage was issued 2007 for 300k, property valued at 450k, i know the mechanism of reverse mortgage...
Eric Schuettenberg
Vumber voice mail?
I understand that with Vumber you can have multiple phone numbers going to your personal phone. My question is does anyone know if you have separate voice mails for each of them or do they go to the voice mail of the ...
Account Closed
Can seller financing help with capital gains taxes?
Let's say a seller is going to be taxed on 100K capital gains.Would it be advantageous for them to accept a lower price (40K lower)and carry the note? Say over 20 years they would make an additional 130K on principal/...
Tony Kim
Newbie 1099-Misc Question
I received a 1099-Misc from my property manager for tax year 2018. This is the first time I've ever purchased an out of state property that is professionally managed.Doesn't receiving a 1099-Misc mean that the income ...
Jay Bob
Residual income estimates
Below is a letter I received from the bank I applied for 5% down conventional mortgage loan. Why they need this information and what this means to me? I have not received the form they want me to sign yet. Should I be...
Matthew Riggs
Referral Commission Question
I always here you have to be “licensed” to collect referral money, but then I watched a video on YouTube that says as long as YOU are not conducting in a way that you would normally need a license and you simply refer...
David Vander Pol
PM in Phoenix has software error.
I received an email from my PM in Phoenix that said, "On a recent routine audit we found an account code mistake within our software for your property" and "As a result, you have not been charged a management fee si...