Evan Tillotson
New Member from Colorado Springs
New member from Colorado Springs. I'm looking forward to the interaction and information and education. Have a great day
Andrew Coffey
If the house is in my name, and I am unmarried, can I 'rent' it.
I started up an LLC a few months back, planning on building up a portfolio of rental properties over time, and I was wondering, could I write my home off in taxes (For business expenses) if my fiance lives with me, 'p...
Anthony Thompson
Rhode Island - Possible Increase to Real Estate Transfer tax (please take action)
I just received a message from the Rhode Island Association of Realtors that said:"The real estate conveyance tax that is paid at closing by sellers of homes and other real estate will increase by 15% on July 1, 2014 ...
Markia Dunn
Do you pay taxes or the homeowner?
Ok so I’m wholesaling. And I was wondering since I will be having a contract with both the homeowner and the cash buyer. Will the cash buyer be in charge of paying the title or “closing cost taxes” since that’s the re...
Ben S.
Difficult to get personal mortgage with rental income?
I'm considering when I might move to full time real estate investing, with my primary income as rental income. Will banks give a mortgage on a primary residence for myself based only on rental income? Do I need a long...
Lisa Martin
Tax Question- tax bill for seller
Asking for a friend! ;-) Seller inherited paid off 8 unit apartment building in Southern CA when his mother passed away last year. He wants to sell and likely won't 1031 exchange as he just wants to the cash. I re...
Ted Jackson
Duplex Dilemma
I have a dilemna. I want am ready to make a purchase, but two properties have caught my eye. Both are great opportunities, but I can only afford to buy one right now. The problem is this: the property that I want the ...
Justin Palamara
Anyone have a good CPA / Real Estate Tax Strategist - Monmouth
Hi - I am scaling up my flip and rental business. Anyone have a strong recommendation for a good CPA / Tax Strategist that I can discuss options with? In general (like all of us!!) I want to reduce my tax burden and u...
Keith Rivera
financing
Has anyone ever had a problem getting financing for a loan or a re-finance because of showing no earned income? I have liquid cash available but have been turned down for loans because I can't provide any w2's or show...
Sean Peabody
Profits from home sale
Hello,My father is looking to sell his house but wants the profits from the sale to go to me in my name. Is this possible without a quitclaim deed? The property is in NYS if that means anything.Thank you!