Benjamin Fleming
Wholesale real estate - Texas
I’ve been reading a lot on the forum about wholesaling and it seems to be a very divisive topic. So I wanted to ask specifically about the legalities of wholesaling in Texas, is it legal? If so, what would need to be ...
DOTTIE ZUENO
mobile home on land
I am trying to buy foreclosed mobile home w land through short sale thru owner, the bank has deed to land but insist armstrong homes has title, even though bank paid off the mortgage. Am I able to get new title, or is...
Robert Steele
Section-8 No Additional Depreciation Recapture at Ordinary Income rate on Sale
I just stumbled upon this. Another plus for section-8 rentals. Albeit a small one.
From the IRS:
The applicable percentage used to figure the ordinary income because of additional depreciation depend...
Ryan Dossey
Wholesale profits = Down payments?
Those of you guys that have been at this awhile talk to me.... Is it a bad idea to use wholesale profits to pay for down payments on rental properties. Obviously one would need some cash reserves ICE. But are there an...
Won Kim
Tampa, FL area (Newbie)
Hello,A friend told me about this site/podcast and decided to join.A question that I had for people around my area is:What are some FL location specific costs that they have noticed while rehabbing/flipping/investing?...
Hank Fields
Tax Rate on a Purchase of Real Property in Houston TX
Can anyone provide me with the tax rate in Houston TX for purchasing a multifamily?It looks like it might be around 2.5% of the purchase price. Is this about right?
Terry Dunlap
Great recap of the CARES Act including Real Estate/Real Property
Click on the Real Estate/Real Property tab for a great concise summary of the program.
https://aminiconant.com/analyz...
Stay safe out there!
Charles Morgan
Mobile/MH home in New Mexico as vehicle or Real Property
I just bought a 1994 2bed 2bath mobile/manufactured on it's own property for $6000 with a friend of mine. It will be a rental when she moves out, in this area $400-$500 would be a good price that should get it ren...
David H.
Austin TX New member Analyzing a real property from my area
Hello everyone, I’m a novice and I’m looking for someone to help me analyze a property in order for me to understand the process. My focus is multi-family and would love to start with a 4-plex. After listening to tons...
Sean Dezoysa
Title search when doing an LLC transfer instead of real property
Owner quitclaims property into an LLC. You then buy LLC. I believe this completely avoids the need for a title company -- other than seeing what is on title. Does anyone have suggestions on how to have a title search ...