Kerry Malarkey
Land contract capital gain treatment
Hello,
I'd like someone to confirm my understanding of the treatment of a gain on a land sale. The offer is a large down payment with owner financing the rest. What I'm trying to do is determine the amount of the c...
Kerry Malarkey
Capital gains land sale 1st year treatment
Hello,
I'd like someone to confirm my understanding of the treatment of a gain on a land sale. The offer is a large down payment with owner financing the rest. What I'm trying to do is determine the amount of the c...
Elizabeth Njuguna
Home Insurance Coverage on Rental Property with Section 8 tenants
Hello,Needed recommendations for insurance policies that will cover a rental property with Section 8 tenants. I have one on contract and approaching closing. Most quotes I am looking at seem to say they will not be ab...
Heather W.
A History of Section 8 Housing
The Washington Post had an article today about the history of Section 8 Housing. I know some facts specific to Atlanta, but it is interesting to see how cities differ as well.Link to article
Shiloh Lundahl
Is there a SHORTCUT TO WEALTH?
Many people invest in real estate in order to create passive income and eventually become wealthy enough to not have to work a regular job for the rest of their lives.I want to pose a philosophical question. Is there ...
Peter Bonn
Section 8 Rentals
I have a duplex that is a rental property. One unit is a Section 8 rental while the other is available for rent but we've been having problems getting the second unit re-rented as a section 8. Does anyone have market...
John DeFoor
Background on Section 8 renters.
I just purchased my first rental property and have been considering doing Section 8 rental on this property. The question that I have is about the income requirements that I would like to use. I would like to see 3x t...
Sarah Humbargar
Section 8 - can the tenant run a business from the house?
We are under contract on a property with an existing tenant that has another 10 months on their lease with a HAP contract. I am unfamiliar with section 8 and we have never owned a property with a HAP contract, looking...
Val Csontos
IRS says: No Capital Gains Tax for You if you sell your section 8 rentals!
There is a catch of course, but that is normal when dealing with the IRS. However if you have a long time Sec 8 rental, and you wouldn't mind to sell at ZERO Cap Rate this is your lucky day!!Read the details on this ...
David Lind
Seller Finance Deal in Minneapolis
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $260,000
Cash invested: $15,000
Deal was brought to me as a seller finance deal. 6 Bed 2 Bath in the Jordan neighbo...