Looking for tax advice. I apologize for this lengthy question. I have a somewhat complicated situation. Both sellers have a tax lien roughly totaling 300k. Could be an exaggeration but I'll get more details as this...
Hi,I'm a Realtor and investor in Charleston. Our market has gotten pretty tough for finding reasonably priced rentals. A lot of the guys and gals I talk to are looking into other markets until our area cools down. Dea...
How much weight does the tax assessor's valuation have when negotiating a deal?I'm interested in a single family home in my area listed for $105,000. I checked with the assessor's website and the property has a "2016...
Investment Info:
Other buy & hold investment in Lagrange.
Purchase price: $25,000
Cash invested: $25,000
Hi all,
I couldn't not invest in some real estate. I found .3 Acre lot with an old mobil...
Looking to purchase my first rental property wondering if anyone has any experience with Dearborn Michigan? I heard a rumor from a realtor that there city inspection were pretty tough. Just wanted to see if anyone has...
Hello,
I purchased a property in 2024 for use as a short-term rental (STR) and am looking to perform a cost segregation study to take advantage of bonus depreciation (60% for 2024 unless there are changes under the n...
With 2024 right around the corner, it’s time for a final year-end tax planning push! There are all kinds of ways to pay less to the IRS, and today’s guest is here to help you save as much money as possible!
Welcome...
Let's say a Single Family Home was bought for $100k and rents for $1000 (GMR = 100)a month. If I am able to get $1,200 a month, wouldn't that raise the value of the home to $120k , using the same multiplier?I have hea...
I've just gotten a verbal agreement from a buyer on a house that I am selling with owner financing (wrap mtg).
We settled the deal based on amount of down payment and monthly payment, but did not settle on the actual...
Is something like this possible (simplified hypothetical example):
Seller wants 500kConventional loan for first 400kSeller carries a 2nd note of 25k at 19.5915% over 20 years = $100,009 in total payments
Would this ...