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I was scheduled to close on a NC beach vacation rental TODAY! We were able to negotiate with the sellers to put off DD and closing for 4 weeks and I am grateful for that. The hope was we would see some settling down,...
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In the middle of my first 1031. Of course my 1031 exchanger referred to their attorneys when I asked these questions. Yes, I will of course ask my tax professional as well. I am just curious to hear what other 1031...
Hello everyone,I’m in Wilmington, NC and I’d like to know what would be my long term capital gain tax on a rental property that I own for 3 years, assuming that my household gross annual income is $82,000. In my parti...
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What's up everyone! So here is my issue:
Yesterday (Friday) was the 5th. Which means, for all my tenants, rent was due yesterday. As always, I have a few who didn't pay in time, and now I need to send 3-day notice...
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Hello I am Alana! I am looking at buying my grandmothers house as a potential flip or Brrr.it is located in Pikesville MD Baltimore MD. fixed up it may be worth $250,000.It needs a total rehab including AC , and plumb...
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With where interest rates are right now is anyone finding success in purchasing out of state rent ready homes? Rentals don't make sense in my city and the competition for value add is insane. I've thought about value ...
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Hi BP,I would like to confirm that if it is still buyer agent job to help negotiate the closing date after the P&S?So, the fire alarm test for my new purchase failed, and seller needs time to address it. Seller wa...
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Does A private individual doing private mortgages for profit on OO primary residents at 16 percent interest throughout the United States need to be licensed? As a private Lender do you have to provide a GFE, Tr...
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I am a first time homebuyer in Oklahoma City and don't have much saved up yet. I'm looking at a deal for a duplex at 160k and needs about 50k worth of work (I'm planning on living in one side for at least a year). Est...