Hi Everyone!
My mother would like to gift her $850K house (100% owned; no loan) to my wife & me. At the same time, my wife & I would sell our $1.5M house ($1.4M is equity), and use the proceeds to 1) transfer...
Hello everyone. I’m looking to get some clarification on whether or not I would be able to use a FHA Loan for the purchase of a second home after living in the first for a year. I have read that a homeowner cannot hav...
Hello everyone, I came across a property that's a probate sell but I'm not too familiar with the process or the associated costs and I was wondering if I can get some insight on this type of purchase to see if this is...
Hi everyone
My husband and I are both foreigners. I am German living currently in Mexico and my husband is Mexican living and working in the US with a TN visa. We both would like to get into real estate, we are just ...
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
Hello all!
Going to meet our tax guy soon and wondering if there's any tips or need-to-know info regarding filing after purchasing our first STR cabin. We did cosmetic renovations and of course had to furnish it sinc...
I am trying to understand the earnest money technicalities. Have a novice question here, bear with me.
If you are making a $125k earnest money deposit on a lets say 5.5 million dollar deal.
I have been told, it wi...
Hi guys, Could you please help me out?1) Tenant number 1: she is a section 8 and keeps saying: "I might move out in the end of April, unless I cant find any other rental. If I dont find any other rental I will stay". ...
I would appreciate some BP wisdom on this. We just bought our first property in Missouri and the PM agreement includes the following two sections that are troubling -- we haven't seen this language before. It se...
Can't believe I haven't seen this posted before, as it's huge news! "You want tax reform? I got your tax reform right here:"https://www.washingtonpost.com/realestate/republic...If true, let me be the first to sarcasti...