My wife and I were told that we must issue 1099s for any work that is done by independent contractors over $600 or we may be fined by the IRS (~$100-$600). We so often find a big push back when you request to do this...
I see owner-finance deals everywhere. Do people just not know/care about Dodd Frank? Am I missing some great loophole that's allowing people to act as a lender?Disclaimer: I didn't even know Dodd Frank was a thing unt...
I signed a listing agreement with xyz realty, the agent promised to market my property online, on the mls and through his office and investors he knows. First of all, I never receive any copies of what I signed. The d...
Hi all,I'm selling a condo in Miami, FL and reinvesting the proceeds in several properties in Houston, TX. I'm doing a 1031 exchange so I'm time bounded on the identification of the replacement properties (45 days). I...
I have been looking at FSBO and I have been talking to some of them asking questions like how long has it been on the market, why are you selling, why are you selling it yourself and the norm questions. I want to ask ...
I was wondering if there was someone who has insight into how you can essentially become the "bank" for Pre-forclosure homes? How the process works, what all is involved, and the pros and cons? Or, if you just want ...
Someone called off my letter that I sent 4 years ago.
Long story short, 3-4 yrs ago, three heirs inherited a house and later sold it to a son of the 3rd heir. First two heirs jointly financed 2/3 of the loan (one not...
I have a tenant whose boyfriend is essentially living there now. The lease states that no one can stay more than 15 days without being on the lease. She says he stays at his own place about once every 10 days (conve...
Hi everyone,I am a new investor looking to purchase a small 5-10 unit apartment complex. There are not a lot of these available at the moment, so I'm getting very discouraged. Some people have asked me why I don't con...