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Am I obligated to deduct everything I can?
I thought what I chose to deduct and how I chose to deduct is my choice and my desire?And if we did not take a deduction on something are we obligated to amend the tax re...
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Situation:Have a family that is going thru a DIVORCE and that owns a $2M+ valued home. Home is located in a VERY HOT Market place. They only owe about $270,000 on a 1st lien that dates back to 2021 which is at 2.875% ...
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Hi All,I'm a first time home buyer and received a home loan approval with conditions this past weekend! I need advise how to do a letter of explanation explaining that I helped my parents refinance their house 9 years...
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I was told that if a tenant has a life changing event (change jobs, move, etc.) during the course of their lease, it is the landlord's job to begin looking for a new tenant. The original tenant is still held to the o...
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New to this site, and it seems very informative. I have purchased property for investment before and feel fairly knowledgeable about the ins and outs. But I am looking to devote full time to RE investing now, and I do...
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Hi All,
Having reached the 10 property limit for FNMA loans, if I refinance four of those properties with a commercial lender taking title under under a newly formed LLC, am I still able to use the positive cashflow ...
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So, I have multiple Sub2 Properties, but I have noticed that later down the road the Seller (Mortgage Holder) wants to obtain a new loan to purchase another property and needs a letter or document showing that we are ...
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Good evening, I own a commercial property in NYC and recently sent a cancelation request to my insurance broker since I found a more affordable agent/plan.He replied by asking me to sign a termination notice (understa...
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Hi All,
Looking for advice on the next steps regarding loans. We maxed out at 10 personal loans, with one title that is free and clear. Will anyone give an 11th personal loan? Do we need to switch to commercial loans...