My Business partner and I have a house under contract right now. The ARV is around $125,000 and were asking $88,000 it's a 4Br 2Ba Tri-Level home in a desirable area. After marketing to our Buyer's list we are finding...

I am just now starting off with real estate investing. I'm ok with finding an investor but my wife would rather save for the down payment on our own. If we save the money on our own, we will be looking at 2 years befo...

Hello! I have some stock in Fidelity and Etrade. Some were acquired in the last year, others over 10 years ago. Some are individual stocks and some are mutual funds, etc. I'm trying to determine which stocks to sell s...

In a recent post (linked here), I discussed the moratorium that was issued on Employee Retention Tax Credit (ERTC) claims. IR-2023-193 was recently issued as a follow up to include details on the new withdrawal proces...

Quick question, I’m in California and will have a sizable, capital gains tax bill owed to the IRS and the state of California in the near future. my question is how quickly does the capital gains tax liability need to...

Hi, 

I have a potential Subto deal I can buy in TX but the monthly payment is quite high. 
1. Entry fee is under $15k which includes the RE commission and assignment. Closing costs + TC etc about $3-4K.
2. PITI $...

Got a property in VA that I'm considering selling via 1031. Intent is to buy something equal to or greater in NC, question, what short term liability do I owe to VA once transaction is complete? Only liability ( ...

Hi guys,I have a question regarding Living Trusts. I am a US expat living in Japan, which means I have the difficult task of navigating both US and Japanese taxes and laws. I created a living trust last year with an a...

At our rental property (single family) in San Diego, we have a water leak under the floor.  The flooring needs to be pulled and pipes need to be re-routed.  This will inconvenience our tenants for 1-2 weeks.  They are...

Hello-

I am under contract with 5 siblings selling their parents house. The parents are deceased, and the house has gone through probate.

I am also under contract with a cash buyer. Upon running a title report, a pr...