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Hey everyone, this is my first time posting in the community, so apologies in advanced if I violate any social norms here.As I understand, selling a personal property allows for no capital gains taxes to be paid on th...
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Am I correct in my understanding that Mobil homes are not considered real-estate so they wouldn't be subject to capital gains? If I buy a mobile home for $1000 and sell it to someone for $3000 with financing, would I ...
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I am closing on a property in Desert hot Springs next month as a vacation home (10%) Ideally, I would like to put this property into an LLC for liability purposes. Has anyone done this before?Should I focus on closing...
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I am working on getting quotes right now and hoping to get some feedback and what is a must. How much for personal property and loss of income? How much for liability?Basically, I don't want to just get the bare minim...
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All my tenants are required to have tenant insurance. They have a liability for a full value of my property plus I make them have personal property for $30k. is it advisable to have the insurance underwritten with ten...
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I've been exploring the discussions addressing IRC 199A and the IRC 162 requirement that must be met in order to obtain the new tax benefit under 199A. During that process, I came across the item below which appears t...
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Can anyone out there recommend an AttorneyIn the Syracuse-Utica area that is experienced in the purchase of a SFH thathas a Reverse Mortgage that is also upside down (Short Pay) ?
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So we purchased a lot in Texas through the tax sale. Apparently, the owners had leased the lot out to a roofing company. The roofing company uses the lot to store their equipment and other personal property. If we ...
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Is there a legal way to compensate a owner to make him agree to a short sale?
There is an absolute auction coming up about an hour away from where I live. It is a 3 bedroom 1979 mobile home in (according to the listing) poor condition on 3.5 acres. There is a well and septic. The listing descri...