I am New member. I had registered for Wednesday's webinar "How to Buy Your First, Second, or Third Property in the Next 90 Days!" but a pressing need I could not attend. I was sent a link for the archive which is avai...
It appears that the 2 out of 5 year rule excluding gain on sale of primary residence will remain intact. Some of you may have heard that initially the plan was to change the rule to where the taxpayer had to own and u...
Analytical junkies,I'm looking at buying a house in a working class part of Houston, Galena Park, at a significant discount to market value but I have a reservation about a disturbing trend in its tax appraisal values...
Just to see what's feasible I'm curious if a simple land condo with no shared anything could be done on a remote parcel without adding an HOA. Taxes are ideally paid directly to the city and defaults give the original...
Hi BP,I’ve got a mixed use property I’m looking at that has zero Comps. Because it’s commercial on the bottom and mixed use on top, I’ve got nothing to compare it to. Any tips?Thanks
I've been negotiating a contract for a 20 unit building. Funding has been secured and a letter as well as proof of funds has been forwarded to the seller. On my 1.5m offer, I stated I'd put down 50k and 1031 the rest;...
I know this may sound like a silly question. But what do I do when I can't find any comps for a particular property. Ive went sales in the past 6 months. Then i stretched it out to sales in the past year. I had a real...
Hello guys, I am in bit of a bother and cannot decide what to do. Here is the situation.I have a rental property which used to be my primary residence, I bought this property back in 2006 when prices in my area were t...
Hi guys,So I live in NJ and apparently people are rushing to prepay some taxes. I share a rental property with a friend and we're at a loss as to what we should do here. Any advice?Thanks
Hello BP,I have a deal I'm looking to make an offer. It's an off market deal from an investor in my hometown. In fact, I went to High School with the owner's grandson. Anyway, I'd like to know what you'd pay for it. F...