I have owned a property for about 4 years. It is not my primary residence and have used it as a vacation property. It's located in FL and the market price for the house is estimated to be $150-175k over what I paid ...
The secret formula to investing success“Opportunity is missed by most people because it is dressed in overalls and looks like work.” -Thomas EdisonI’ve been blessed to know and have relationships with some truly great...
I have a seller and a buyer all under contract and then the title company says their is an old Lien on the house.we called the bank and the Lien is payed off but they say it will take up to 30days to sent paperwork ou...
If I do a 1031 exchange but I can't find a new property do I have to pay a penalty or will I just end up having to pay taxes
Can someone answer this Hypothetical question for me regarding 1031 and Taxes.
Scenario
Lets say my Father bought a property for 1,000,000 and Sold it for 2,000,000
1031 Exchanged the sale
Bought two properties fo...
Hello,I wanted to run the numbers on my first deal to get the thoughts of any experienced out there. My long term goal is to become an advanced real estate investor holding property cash flowing a month at least 10k ...
I have been getting prepared to present a seller financing package but I am unsure concerning taxes and the balloon payment. Will the seller have to pay taxes on the balloon payment? If they sell the property in form ...
I'm sure this is made to be a big pain in the neck by design, but I want to comply and am not seeing a straightforward way to collect Denver's Lodger’s Tax in Airbnb. Denver rules state "The Lodger’s Tax rate of 10.7...
I thought I'd relate my experience with the above website, and see if anyone else chimes in with their experiences with this company. They are apparently a clearing house website and the people are in India. The loc...
I'm a real estate agent in Birmingham, AL. Does anyone have any advice for someone new joining this site?