Steve Driscoll
Need Land Trust Attorney In Florida
Hey there B.P. followers...........I need your help. I'm looking to sell some homes in Florida via a Land Trust - using an installment sale of the beneficial interest.Currently hunting for an attorney to get this done...
Paras Shah
wholesaling and "subject to" transactions
Hi,
Can you get a property under contract (that you will eventually wholesale) from a seller without engaging in a "subject to" transaction if the seller still has a mortage on the house? Here I am assuming the sell...
Kent Renshaw
Besides filing a Memorandum of Agreement, how does a contract buyer protect contract seller from mortgaging the property. And if they do, who is first in line?
Scenario: Contract buyer and seller enter into a Contract for Deed. Buyer immediately files Memo of Agreement in the situs county. All goes well for two years and Seller applies for loan. Mortgage Lender realiz...
Brian Ulrich
Depreciating points on mortgage obtained prior to conversion
I’m stating to prepare my taxes for the 1st time on our rental that was converted mid-year 2017 from a primary residence. Feeling good about just about everything except three fuzzy items:1. Home was purchased in 2007...
Matt Fish
Seller Financing, Objections & Taxes
Hi Everyone, let's talk seller financing. I am becoming increasingly interested in asking for seller financing as a way of purchasing residential real estate for flips and rentals. I am curious of those that use this ...
Adam Kuszczak
Optimize taxes when selling property overseas
Hi,I wanted to ask if anyone knows any tax strategies to optimize amount of tax paid on capital gains from selling property in Europe. There is no tax on gain from it in Europe, so I would be only subject to long term...
Frank Rizzo
Washer/dryer combo with cesspool
Hi, I just closed on a 100 year old primary residence for my family and I, the property includes 2 rental cottages that will pay most of the mortgage when rented. To get top dollar I would have to install a washer/ dr...
Elber Martins
Business Loan
Good day BP! I've been working with a builder for quite a while, installing their tile and hardwood flooring. Recently they just started on a new development(3/2, SFH, 150k's) and I figured I haven't bought my first ...
Katrina P.
How to deal with back taxes on a seller-financed note?
There's a property I'm interested in where the seller is VERY motivated to sell because she is in jeopardy of a tax foreclosure this coming March. Anyways, she's willing to finance a note for me, with great terms; ho...
Colin Lindsay
Ottawa ON, Canada Condo Deal
Investment Info:
Condo buy & hold investment.
Purchase price: $222,300
Cash invested: $15,000
2bed 2bath condo in Orleans, Ontario. Originally bought as a property that I was going to live in. Jo...