Skye Parker
Rolling spec house profits into next house. How?
This is probably a bonehead question but I've been talking to some spec home builders and they are paying taxes on all profit from a spec home at personal capital gains tax rate. A heavy hit on a big project. I'm just...
Joel Florian
Wasilla SFR fix & flip
Investment Info:
Single-family residence fix & flip investment in Wasilla.
Purchase price: $78,000
Cash invested: $20,000
2-bedroom 1 bathroom SFR with 1-car garage with several old cars and 10 t...
Ariel Thompson
Mobile Home Contract
Hello everyone I’m new here , What contract I can use for my clients mobile home if I’m finding her a buyer and she’s just going to give me 10% of the sale once it’s closed ?
Michael Otis
Legally Binding Contracts With Minors
Not real estate related but just need a quick question answered. My friend, who is 21, sold a car to his sister's boyfriend, who is 17. He was trying to be nice and cut him a deal on the car but after it was sold, the...
Todd Willhoite
Short sale and income tax consequences to seller
I entered into a short sale contract June 3, 2016. The bank has taken a long time to approve and now they say we need to close in 3 weeks. The seller is now concerned that he may have income tax liability on the amo...
Jimmy Thomas
What kind of car should i get as a new agent?
I will be a young real estate agent in Atlanta market, and i will defiently need a car , but what kind of car is typical for realtors in Atlanta or realtors in your state and city ?? Also whats the best option for a p...
Derrick Jackson
No car in DC can I still sell?
I am looking to sell real estate part time in DC. I heard that most buyers want the real estate agent to drive with them. Do you believe that I can still SELL real estate as sales agent without a car? What about Virgi...
Jeffrey Jenkins
I be live that this works
Write your post I want to become a wholesaler but Ii have nothing the money no car I don't even have a laptop can anyone tell me the best way to get started
Grant Anderson
Rental Applications
Hello all, I have a few rental properties that I manage myself. I have been hearing from some people that I should set up some criteria to base my decisions on. The criteria I have come up with is income must be three...
Kevin Richard
Looked at a house yesterday, said we were 100% and now he says sorry that he has a cash buyer. What can we do to change his mind?
This is a friend/co-worker of mine. They are just getting rid of their house. It's a STEAL. Probably 25% below market value if not more! I tell him, sight unseen, "I want it, sell me that house!" He says he has p...