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I was able to find a home around my area and wanted to get an idea of how to do due diligence for the house before proceeding forward. What are some of the steps/formats I should follow when doing so?
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Quick legal question. I was negotiating an owner finance deal today, and seller stated that he was advised that he is unable to give a 0% interest on the finance terms unless it was to "a family member". Is there any ...
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I am looking for attorneys, title company, lender, insurance agent referrals in the following states who are either practicing the creative financing techniques themselves OR are very familiar with them to make them w...
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Can someone help me with the following two questions?
1) If you set up an LLC (with an EIN from IRS and approval from state) but it turns out you don't have any business during the year, how do you report that for y...
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Hello beautiful people of real estate, I am sharpening my axe (from brandon's book in Lincoln reference) by analyzing a rental property one a day, this is how I start my journey into real state.
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Hello,
I want to address the following questions to investors who have hired property managers in the past.
1. I have heard that property managers charge fees for handling a property that goes vacant. May I ask as ...
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Hello, I need some help understanding the new tax laws. My client wants to sell his 5+ unit for $600K and buy a house w studio for his art business with proceeds. Right now he'd have to pay $120K in capital gains (20%...
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Bonus depreciation is just a special part of the US tax code.
It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.
At the time of this writing, ...
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Good afternoon everyone! Hope everyone is having a great day. I would like to introduce myself. My name is Kyle and my wife and I live in central Pennsylvania with our little boy! We took a liking to the Cleveland, Oh...
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Hello all! I've recently moved to the Pittsburgh area less than two years ago, was lucky enough to close on two houses in 2015, however, I still acknowledge that I don't know all the nuances of the various areas as w...