Tim Hertz
Paying sister and friend to help on rehab
Hello all,I am doing a rehab and I have a sister and a friend I want to hire to help. They will make over $600, but this is more of an "under the table" cash deal. Can I claim $595 (avoiding 1099 minimum) and not clai...
Jacob Michaels
Buying seller finance deal and tax implications for inheritance
Hello all,
I'm talking with a seller who is fairly motivated as she is quite elderly (even has a great great grandson). She owns a few properties, each worth about $100,000 and is thinking of selling them. Sh...
Eric Berman
Condo near Parris Island
Investment Info:
Single-family residence buy & hold investment in Beaufort.
Purchase price: $100,000
Cash invested: $20,000
2 bedroom, 2 bathroom, 1,055 sqft condo.
Currently rented for $1,295/m...
Aaron Moore
Best purchase scenario
Just closed on my first property and I'm looking to purchase my next one in the near future. I'd like to get some advice how I should purchase the second one. One thing I'd like to mention is that I have full access t...
Donald Hendricks
Can Buyer Pay Sellers Capital Gains Tax?
I purchased my home & land in December 2014. Since that time my neighbor sold his land and the new owner and I have been fueding. The new neighbor wants to buy me out. I have agreed to sell, but not until Decem...
Ashley Guerra
who am i supposed to reach out to for certain questions?
hello all, I am an aspiring real estate investor and I have a few questions when starting out. I am currently in the process of eliminating all my debt (about 7000) and then resume my savings. I am aiming for a home b...
Roberto Ramirez
Inherited a piece of land in Lehigh Acres, FL - thinking of building to rent
Hi- recently was gifted a property in Florida (Lehigh Acres) that my in-laws owned for many years but did nothing with it. Wife and I were thinking about building to eventually rent instead of just selling the propert...
Jonathan Rexford
How to Pay Sellers for a Short Sale
Wanted to get a good thread of ideas on how to pay a seller some moving money that would not violate the lenders rules based on the approval letter. Remember it is the LENDER RULES.....NOT LAW on most cases unless it ...
Anthony Colachicco
Suggestions and ideas for primary residence
Looking for some feedback and suggestions on what to do. My wife and I had help from her father with a down payment on our first home (primary residence) 3 years ago. He basically made us do a 15yr mortgage and we got...
Navid Goudarzi
FHA loan with a co-borrower and almost no prior income?
Hello, I'm a 20 year old university student from Texas. I've been studying real estate investing outside of school for most of my time at the there. I'm also attending the university for basically free, just to let yo...