My father owned several rental properties IN MISSOURI as an investment and supplemental income for his retirement. He placed all of them into a trust 1) as a stronger mechanism than a will to ensure that his wishes an...
My father in law passed late last month, leaving 15 C level rental properties that range from single family homes to an abandoned boarding house. Clearly we understand that we need to speak to an attorney, but due to...
I searched the forms but didn't find the info that I am searching for.We are selling a piece of property for 850,000. We currently own a building that has a loan of 325,000, with a recent appraisal of 400,000. Both of...
My fathers friend is willing to sell his condo to us the town over from me. He is asking $30,000 more than what it is worth currently, due to the fact that he bought it at the height of the market in 2007. These are ...
Does anyone have any thoughts on adding a second layer of shingles versus tearing off and installing new shingle...thanks.
I'm a first time homebuyer looking to buy a fixer upper that needs substantial upgrades but does qualify for a conventional mortgage. My main question right now is how to finance those renovations in a way that allows...
Made an offer on a house on April 26th, 2023. The sellers countered through a text message from their listing agent which read "My clients want to counter at 365. Heck I am shocked if I had known I would have bought i...
I'm looking for feedback on raising the rent on my deceased father's roommate in his second home.
My dad passed in January and had a second home in Colorado Springs. He had a roommate. The roommate had full access to...
Hi all. I can't be the first to have this idea, but I can't honestly say I've heard anyone else doing something similar. I have what might be a great opportunity to purchase a home off market to make it a short term r...
I have a question for anyone familiar with the tax laws involved with capital gains tax.My father in-law has been scrambling to get his second home ready for market to sell this year because he believes he will have t...