James Kim
Tenant wants rent reduction to stain the fence
Hi,First time getting a request like this, but I have a SFH that was built in 2021/2022 (closed in Feb 2022). It has a backyard fence, though I'm not sure exactly what type of wood the fence is made of as it came with...
Daniel Miller
Why do more people not use principal reduction???
I have a $150,000 equity line that I can borrow from. I have two properties that I am currently looking at. Property A is a 13 unit apartment complex and Property B is a 5 unit apartment complex.
Property A i...
Hadar Orkibi
Seller Finance Question: P&I Vs Principle Reduction Payments
** Seller Finance Question** HI Guys, Im working on possible deal and the seller is willing to finance 85% of the price. His reason is that he doesn't want to pay income Tax or depreciation recovery. (Sold a business ...
Ankit Rathore
Points buydown vs principal reduction with seller's credit
Hi, I got around 19k seller's credit for a house of 775k. I have 2 offers from lenders:1. from private lender which allows me to buydown interest rate (I can do 1-1 buydown) and rest money will be used towards closing...
Amos Smith
Price Reduction From Vacant Lot Loss (Advice Please)
I'm in the process of acquiring a 100 space park, the park has 60% occupancy. Purely based on the park income, the NOI @7.5 cap show a valuation of $1.0M, because of the land, POH and pads for expansion I offered $1....
Josh McAuliffe
Protesting Property Tax Increase
The dreaded day has arrived... Travis CAD released assessments for 2022 and I almost fainted when I saw the newly appraised value of the duplex I just closed on in March. The county raised my appraised value by 173% Y...
Account Closed
What is a typical $$$ reduction in retail long terms?
Hello,For commercial/retail 400sf space: what would be a typical rate reduction for long term (3 - 5yrs) + few months advance + carpet changed out for linoleum? (A gross lease and with some utilities covered).Thank yo...
Account Closed
Forgiving the taxes due from debt reduction (short sales)
Bush's speech included a suggestion (?) that people who receive debt reduction in some cases will not owe tax on the debt forgiven.
Note that the IRS already allows this. It could mean that Bush is just restating wha...
Lynn Z
HR3648 reduction in cap gains rentals converted to primary
Does anyone understand this new bill which was passed to pay to forgive mortgage debt? Effective after Jan. 2008 for sale of any residence that previously was used as a rental or vacation home. I'd appreciate some ...
Will Gaston
SC Property Tax Reduction Based on Buying a Business?
All:Has anyone in SC ever successfully gotten property taxes reduced on a large portfolio of properties (other than the standard 25% ATI exemption) based on the fact they were buying a "business" instead of a collecti...