We have vacant land under contract to a buyer for $149,900. There are no realtors in the transaction. We own this land free and clear. The buyer just learned the bank won't loan her the money until a well is installed...
I hope someone here is knowledgeable and willing to help me understand the new math.What's the difference in % (after deductions) taxable as capital gains in each scenario:Purchase House. Live in for 1 year. Rent for ...
Hello,I have had my membership for a while but this is my first post. So down to business. I live in WA in the shadow of Seattle and Vancouver B.C. Prices here are extremely high. I am trying to select an Out-of-state...
I just bought a duplex which one was rented and one not. Both units where in need of some repairs but I'm not sure what is a tax deduction and what I have to depreciate. I know the painting and cleaning can be deducte...
I know hard money lenders often loan on rental properties, and the difference between the loan/other expenses and the rent is the cash flow.
But do hard money lenders ever loan for a retail flip? That is they loan o...
Without stating the Virus that must not be Named, how are your total bookings (still scheduled) at this moment, as compared with the last several years? Down 10%? Down 30%? at the moment, I have zero bookings for the ...
I am sole member of LLC how do I leave this to my children? I have an operating agreement but does not mention what happens if a meme we dies. Do I add them on the operating agreement as members and pass it to them t...
Hello Newbie here.
I've been busting my butt to learn everything I can and it's a little discouraging when I here the opposite of what I've been led to believe...
I don't know anything about Real estate but like I s...
Hello! So I've been running numbers on a rental property where the ROI is fantastic (80%) but the COC isn't so hot (5%). At what point would it be wise to focus more heavily on COC vs ROI? I'm also learning the BRRRR...
the neighbor of one of my rentals wants to sell. We agreed to $20k. He wants to do a private quit claim deed. I want to protect myself best I can. I talked to my lawyer and he said it cost each of us $600 for him to g...