We currently have our first duplex under contract but no LLC set up here's our situation: 4 parties involved:- Individual #1 & 2 are providing capital (cash / line of credit)-  Individual #3 is going to be their f...

Morning, we have a successful investment property (single family home) in Georgia.  When purchased two years ago, the home was in an HOA that had no limits on rental properties.  The home owners are now voting to chan...

I am looking to buy my first property at a Sheriff's auction.  A real estate agent/cousin of mine that also has bought at a Sheriff's auction told me that counties in Ohio release all liens.  Does anyone else have any...

There is a property on Fannie's website in my area. List price of $39,900. Rents in the area comp out at $1000 median, so let's assume a low number of $900. Light fixer that doesn't look too bad, so figure $2K in pain...

I need help to get best case on my financial situation. I have a piece of land I want to use to build a house and sell it. I have approved plans and ready to start. The cost of land is closer to 1mil now and there is ...

My dad is going to be selling his home soon, a house he has lived in for almost 40 years. He will more than likely be able to sell it for close to $2M, and his basis is probably around 500k. This sale is what is going...

Happy New year everyone! I'm from the Westchester area in NY. A friend mentioned to me about house hacking to get into ownership rather than renting. I don't have much put away but have great credit in the high 700s. ...

I'm having a difficult time calculating tax gain/loss from a property sale and was wondering if someone could help me with calculations.Purchased Home in 2005 for $145500Converted personal home to a rental property in...

Looking for advice from any mortgage professionals.. I need to get out of a purchase contract which is only subject to a financing contingency at this point.  I basically changed my mind due to recent personal life de...

Rehab, sub2, & rental business startup in Utah: Is it a good idea for my wife to get RE license and act as my buy & sell agent? Is it legal? What issues do I need to be aware of that addresses profits share...