Jimmy S.
Did my accountant screw up?
Long story short............. under my schedule e he put 365 days fair rental days when I purchased the property 8/20/14 and was really only like 120ish fair rental days. Now I cant use any of that income under Fannie...
Lucas Mobley
First deal fix and flip in MD
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $100,000
Cash invested: $8,000
Sale price: $174,900
Single Family Home in Historic District
3br 1.5br Colonial...
Ellen Xu
Tax implications of closing cost of cash out refinance?
I refinanced my residence last year to get cash out to buy an investment property, so I have two closing costs: one for refinancing my residence to get money out, the other for buying the investment property. Could I ...
Leland F.
"Cleaning Reimbursement" to seller's agent...
So I bought a condo about a month and a half ago...something has been bothering me though.
The seller's agent somehow snuck in a $200 "cleaning reimbursement" on the HUD document that I don't recall ever agre...
JOAN DICKIE
Realtors - Have you checked out the investors analysis in RPR
I was checking out the Realtors Property Resource website (http://www.narrpr.com) and found it has a Property Analysis for Investors page that looks interesting. I know its not as good as BiggerPockets calculators...
Eyal B.
false fraud accusation - Section 8 pulling voucher on my tenant
I'm looking to help protect my tenant.
Section 8 sent a notice that they'll be pulling the tenants voucher and permanently terminating her section 8 eligibility effective 7-31-14. The allegations are suspic...
Antonio Real
What finding a wholesaling title company really means
Hello all,
I plan to start getting my feet wet in wholesaling sometime this year and I have noticed that many newbies sometimes have trouble finding a title company that is comfortable with double closing(wholesaling...
Gerald Marshall
Capital Gains Question.
We are selling a property that still in my wife's former married name, and looking to turn around and reinvest it in a new piece of property under an LLC. Is there a way to get around the "same name" rule of the 1031...
Gavin Delmas
Planning Ahead for a 1031
Thanks in advance for any feedback. Here is the scenario looking ahead a year from now. I'm in the process of buying a condo. Between my down payment and discount I am receiving from my father in law I will have a...
Joeny Ortiz
Subject to Deal - With Curveball
We have a motivated seller who is willing to do a Subject To deal - amazing. The problem is that he wants 12K cash to settle a lien, placed by a bank, on a separate property that he lost to foreclosure. The seller wi...