Katie Anderson
'Build To Rent' Spec Model - Buyer Funds Construction
Thank you in advance for any guidance or direction here!For simplification purposes, my husband and I are new construction spec builders. Our original marketing model was "build to rent" selling to investors. We have ...
Patrick Shep
Land Value for Depreciation
if you’re figuring out the land value for depreciation purposes, can I use the Fair market value for the land? The county assessment taxes it at 59k which is WAY too high. A plot of land has sold for $8500, $10k and 2...
Terry Portier
How do I find out whats owed pre-short sale?
I have a motivated seller/realtor that is about ready to go into short sale, is there a way I can find out what the seller owes? Is it public record? The seller is not disclosing that info and the offer from a big reh...
Denis Moreira
Property Appraiser Questionnaire after my purchase
Hi,Wanted to get the community's opinion on whether I should fill out a sales verification questionnaire that the Property Appraiser of the county I recently purchased a duplex in sent me.I feel like it could only hur...
Philip Joseph
1031 exchange or not?
I have a closing on 1 Sep where I will net $10k, then another closing for a property that I am purchasing for $45k on 16 Sept. My question, is it worth the effort and expense to do a 1031 for the $10k from the first ...
Terry S.
Jersey City Tax Lien Sale
Hi forum:Went to Jersey City tax lien sale today, and I am sure I must have missed something here.It was an accelerated sale, which means unlike regular sale for the previous year, this sale will clear all delinquent ...
Gabrielle Martin
Capital Gains Tax Surprise
Recently closed a sale on my fourplex and was surprised to see I still owed capital gains tax on the 3-units I didnt live in. I've always been told theres no capital gains tax on your primary residence after 2 years i...
Komal Patel
How do you calculate profit??
Hi BPs
Need your help urgently. I am working on my first deal. Actually ARV of house in realist report is $418k and bank accepted my offer of $330k.. (315k was offer amount plus 5%auction charges-17k ) Which was...
Mark Enriquez
Short sale negotiator in or around Cleveland
Hello,I'm looking for someone experienced with negotiating short sales. I have a ton of questions, and I'd like to learn more about the negotiation process. I'm looking up articles online, reading what I can, but I'd ...
Craig Shrimpton
How good are the city-data.com comps?
Are the comps you get from city-data.com accurate?Thanks,Craig