Lance Lvovsky
Section 121 Excluding Gain on Sale of Primary Survives Tax Reform
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...
Jason Fang
Deal Junkies, Is This a Good Deal or Not?
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...
Greg Stroud
AUSTIN TX - Need a lead on RV or mobile home lot for sale/rent
Have someone taking a job in Austin for that little electric car company. They have a motorhome they want to live in short term until they can get acclimated to the area where they want to live. He's having trouble fi...
Sam Tright
Lando condo without subdivision
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...
Kobe McDaniel
How to comp a property with no comps?!?!?
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
Mike A.
Issues with purchase. Seller is being very fickle
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;...
D Mack
NO Comps to be found
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...
Imran Raz
Refinance options on Rental Property
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...
Jake Wa
So any idea what these new Trump taxes are going to do?
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
Kaleb Joyner
What would you pay for it??? Single Family Package Deal.
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...