Jonathan Berry
Questions for a CPA - Selling Personal Property and Tax Liability
I have what I think is a two-part question. So here is the scenario and hopefully it makes sense.If someone were coming into money from the proceeds of their primary residence (qualifying within the 3/5 years occupan...
Derek Brawders
Security deposit for 1 month delayed move in
Good evening all,Looking for input if you don't mind. Have a potential tenant that requesting to view my property (new construction condo) on 9/3, but can't move in until 10/1 due to a relocation.They are willing to p...
Dakota Mivshek
HELP! Why would a buyer put a house under contract to then only ghost?
Hi all. Currently in a situation that I can't make heads or tails of. Would love any advice. So, essentially I had a listing here in Miami that was quite stale and on the market for a while. This strange company calle...
Mike Biasatti
Tax question from a newbie
When buying property out of state, since you are essentially earning income in that state are you then required to to file taxes in that state as well as your own ?
Mike
John R.
seller financing promissory note without mortgage or collateral
Has anybody ever obtained seller financing where, for whatever reason, the seller did not use the property itself as collateral for the promissory note? I am involved in a situation where I have an option to purchase ...
Manoj Kumar
Colorado does not require a GC license?
Hi Everyone,We have a contractor coming from out to state to do renovations for me.The contractor told me that he will be completing the work through his same company but working under a foreign qualification business...
Luke Catanzaro
Property Management Received Fine from the County for no Permit
I'm on a HOA in a small condo association. In our HOA by-laws/master deed it requires us to use a property management company. Over the last year the town requested we replace a retaining wall. The Property management...
Mark Graziano
Paperwork for New Investors - Atlanta area
I hear time and time again you need to get a house under contract or that the house is under contract with a buyer in place. My main questions are:1. What paperwork is required to lock down a property? Only a purcha...
Elaine Chua
Are Milwaukee or Madison properties a good rental investment
Just wondering if anyone had any success with rental investments in Madison or Milwaukee Wisconsin? We live in Minnesota and would love to invest in rental properties at WI. Which residential areas and suburbs would y...
Burt L.
What is DSCR Lender Really Looking For On My Bank Statements?
In seeking a DSCR cash-out loan, I've learned that lenders want to see bank statements. I had thought DSCR's were only property based, but lenders I've just begun to contact are saying I need to provide bank statement...