Account Closed
Terminal Illness and Liquidating assets, Tax breaks?
Hi everyone,This is sort of an odd topic (and I’m not even sure this is even a possibility) but I have been conversing with an older gentleman who is terminally ill and believes he has 5-10 years left. He has 6 duplex...
Jane H.
How to Direct Tenant Who Runs a Daycare
We have a good Tenant who has been operating a daycare, prior to Covid, she had 6 children allowed in the Lease. (State licensed her for 8, but she did not notify us ahead of time about her business). We need to re-wr...
Felicia W.
Can I set a max # of adults living in house
I've placed ads for a small house for rent. I've had a few people say it was the husband and wife, child and mother in law or a mom with adult children. This is a small house - 3 bedrooms but really small and I do n...
Dan N.
I am in a Mortgage Conundrum - please help
My wife and I just added our children to the deed of our house, which we currently have a mortgage on. We also happen to be in the middle of applying for a HELOC with the same mortgage lender. We started the applicat...
Van Hauter
The W2 Dillema - this is our thoughts
So we’re on our first deal, not anything ground breaking but about $250/mo pure cash flow. I like the whole game. Both my wife and I have W2 jobs (nurse and engineer) as well as 3 boys aged 4 and under. Daycare is abs...
Shawn Knight
Gift Tax Help Needed
Hi, I am working on purchasing my first multi-family investment property (4-units or less) in which I will be owner-occupied. I am needing to receive $200,000 in gift funds from my parents to add the down payment to m...
Manuel Diaz
Gifting a property to family
What would be the costs associated with gifting a fully paid off house to your children? I know that you would have to file a gift tax for anything over $14k in a year, and if they were to sell the home they would pay...
Vanessa Fontanez
Newbie out of Deltona FL
My name is Vanessa and I'm based out of Deltona, FL. I'm originally from MA I've been here in Central Florida for over 10 yrs. and I love it!! I'm new to real estate inverting and haven't really jumped into making any...
Elijah Glenn
Owner is deceased, executor is not the daughter
I'm not sure if this is the forum I should use. However, I have complicated situation. The daughter reached out to me. I call back she says her dad passed. She can't take care house. Wants to sell. I go out and write ...
Kent Petersen
What will the growth in Columbus in the next years do for Real Estate in the City?
Columbus is adding multiple developments in the next couple of years.First, Intel being built is bringing 7,000 construction jobs, as well as 3,000 permanent jobs to the city!Secondly, Nationwide Childrens Childrens h...