Cody Sims
Family Selling Ranch - How to avoid paying taxes on capital gains?
Hello, my father is selling a ranch that he owns for 4 million and looking to downsize and purchase a lake property for about 1 million. So, this is putting him in the position to have to look at the possibility of do...
Uri E.
Closing Escrow, sellers want to remain
I am closing soon on a property, sellers have odd demands, and I am seeking your advice on:1) Seller is requesting to close on time but remain in the property for another 5-7 days2) If I agree to their request, seller...
Kelly Muscarella
Equity Share Fix and Flip
Investment Info:
Single-family residence other investment.
Purchase price: $200,000
Sale price: $275,000
We did an equity share on this property. We live in a state with excise tax, so we went in an...
Lance Salazar
2nd time with a fix and flip.
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $120,000
Cash invested: $15,000
Sale price: $220,000
This investment was purchased back in 2013 we held on to i...
Richard Warren
Interesting Proposal
I received this in an email. Interesting read but it will never happen because it would require a Constitutional amendment.
"The Proposal"
When a company falls on difficult times, one of the things that seems to...
Daniel Han
Cash-out Refi or Sell?
Hello BP community. I've been mulling over whether to do a cash-out Refi or to sell my rental property.Currently residing in Northern VA, rental property is in West Texas (El Paso). Rental property was my primary re...
Eric S.
College group wants to kick off one of their own off lease? Help
Hello BP community
I am a landlord to single family home in a college area in Ohio. I have 6 ladies that all signed a lease and each have a guarantor. My lease states jointly and severally for each tenant and their g...
Danny Van
First time making rental in Warren, Michigan. Any advice?
Hey guys,I live in Warren, Michigan. I am looking to make my home a rental within the next year. I wanted to reach out to see if anyone had any advice, strategies, etc. on my first-time rental in Michigan. I know of s...
Rahul Bhatt
Seller is trying to keep Escrow money even with inspection contig
We are under contract for a house in Cleveland area we had inspection contingency after looking at disclosure and price point we decided to move out of the contract. before removing inspection contingency. Now seller ...
Zachary Helfer
[Ohio specific] B to C contract
Everything I read about double closing simply tells readers to sign two sets of purchase agreements. Obviously you should, but I can't seem to find an example of what the B to C contract looks like. Since you can't us...