Hi Gang, I’m looking to complete a Cash Out refi on a property I bought last October. My student loans are currently in forbearance through the public student loan forgiveness program (PSLF) due to Covid 19. My total...
One of the incentives of a short sale was that you got a tax break based on an act passed by Congress in 2007.
Short sales are classified as debt forgiveness, therefore in a normal situation homeowners would have t...
What have a tenant within a four unit who had voiced concern about continuing to make rent payments during the pandemic. We provided them a reduced rate which equated to a nominal debt of $500. Obviously, we have cons...
My plan is to post a series of experiences with the hope they provide information that may help someone else as they start their real estate investing journey. Lesson #3 - Strategy for collecting inherited debtWhen we...
Question for all you tax experts…..I sold a house using seller financing about 5 years ago. Not a contract for deed. Basically I was the mortgage lender. The buyer of the house could no longer afford the house s...
I've been interested in investing for a while now but I have also been a broke student for the past 3 years. Now I have graduated from law school, taken the bar exam, and realized that I don't want to work 9-5 for pa...
I'm just looking forward to the future when I may wish to invest in a syndication through a Roth IRA. Correct me if I'm wrong but since the Roth IRA has no tax liability, the depreciation deduction is basically lost. ...
i have been using realty shares for the last two years and have been pretty happy . Has anyone had and deals on any of the top crowd funding sites go bad ? if so , was it loss of total investment or just a reduced ret...
Thanks in advance. Basically I can access $75k in a HELOC and can buy 1 investment that should profit $3-500/month. (Details: $175 interest only payment; purchase price around $60k, rent around $675, property manageme...
i have a client that im about to do a short sale.she has several properties and a couple off restaurants. If i do a short sale for her will the bank go after her for the remainder off the balance? 2) does she have to...