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Just wondering what the tax implications are of paying a partner/contractor who is a non-owner a premium for the work done with a flip? There is no legal partnership formed or LLC, but should there be? I do realize it...
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I wanted to chat with people who have done subject to deals and see what had gone wrong with them?thank Jack
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I'm selling a property and had it listed on the MLS, we have already opened escrow, completed home inspections and appraisal , and past due diligence period
The buyer's agent put in a purchase price of $150k, however...
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Want to refi and am on the verge of starting evitcion. How does me starting eviction affect re-fi? Income from the property might be considered for qualifying.
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I was taken aback recently when the tenant (1 year) asked me to seriously consider selling my house to him using an owner carry contract. I understand the pros and cons regarding such. However, my question is simply ...
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Question: 1. Is it a good idea to buy a mobile home park by just transferring ownership interest of the existing LLC established in 2008? I will buy the LLC and transfer the entity using the Texas amendment (Form 424)...
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The parents of a young couple are purchasing a home for them. They applied for a loan and are approved however, because they already own a home and are not planning on selling it, it is considered an investment pro...
I've been renting for 2.5 years. Recently discovered the landlord has been pocketing my rent. My lease was up a while ago and I was month I month up until June when I realized the mortgage wasn't being paid. I found ...
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I'm fairly new to the real estate game. I currently have 3 duplexes and I live in one of the units, so 5 rented units. 2 of the 3 duplexes were paid for with cash, so there is no mortgage.I'm looking at investing in o...
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I did something new this year. I had a prospective tenant offer to lease a rental house I own if I would buy out their current lease. The cost of the buy out was very close to one month's rent on my rental, so it wa...