Hi All,I am partnered on a rehab and my partner has put in an application to get a tree that is very close to the property removed. I've called the city and they say residential properties don't require a permit to r...
I had 2 rental properties in Chicago (I dont live in neither). One of them became a nightmare so I sold it a few months ago. I sold it for way higher than I bought it. I have all this cash in hand and I feel IRS is go...
It is my understanding that in calculating effective income for an FHA loan, non-taxable income (like child support for instance) may be grossed up at the greater of 15% or the borrower's tax rate for the previous yea...
Have found a property I am seriously looking at. Needs new roof from deck up. Have not been able to source a supplier for fire retardant ply wood and lumber. Any One know of something close and preferably the cheap...
Are notes basically the same as rent to own? Correct if Im wrong because Im still a little lost in this area. If I buy a note from someone, this means I am buying the property from that person and they are basically o...
So I just " re-talked " with the appraiser that came out a week and a half ago, to do the appraisal on the property I am trying to purchase.When he came out, he said that there were certain issues with the house , an...
Hi,I plan on getting out of rentals because it is becoming harder to be a landlord in Maryland.I'll be selling them.. but was wondering if it is a bad idea with regard to taxes to sell all of them right away.I underst...
My partner and I have just started a house flipping business and plan to use local workers whom we trust and who have done remodels on investment properties for us before. However, these workers are not licensed, but ...
I just bought a house in Northern NJ that needs some renovations and I'm trying to determine if I need an architect or if a GC can do the work. I want to take out half of a wall (to open the kitchen to the living ...