One question I get frequently from individuals who have signed a purchase agreement for residential real estate in Florida, such as a condominium, is whether they risk being faced with a lawsuit from the developer in ...
Hello community! New investor here. I am looking for my first investment property and I have seen a few with a realtor who happens to be a good friend of mine. I reached out to another realtor because she owns 20 rent...
I'm currently in search of an investment property in the New York area.I know that as a property owner living in the US I get many tax benefits on this property such as deducting the interest on the mortgage, home dep...
Lets say one buys a property with one home on one lot + one additional lot. They live in the home on the first lot, then they build a new home on the second lot, and sell it at the 2 year mark. How will this get treat...
I need some help, as I recall there is some legal reason why investors can not or should not use a PA Realtors purchase and sale form. Can someone help me out here and jog my memory? I seem to recall that it has some...
As a property manager, my responsibilities extend far beyond simply managing day-to-day operations; I'm also involve protecting the long-term value and profitability of my landlord's investments. Handling home warrant...
Hi,as far i was aware this whole time when you owner occupy your duplex one side and rent the other for 2yrs and you sell it within 5yr period there is no capitol gains tax. Is that statement true? I'm getting a lot o...
In reviewing my taxes for the upcoming year, I've been looking more closely at my Schedule E and reading more about depreciation and cost basis. I know that your cost basis needs to be accurate, a number the IRS agree...
So, my husband and I purchased our home almost 3 years ago for 209k. It's BIG...4 bed, 3 bath 2600 sq ft. We don't need that much space for us and 2 daughters. The values have gone up quite a bit in our area. Similar ...
Hi, I have a Duplex in Lake County, IL that is has tenants in both units. The Duplex is a single story, brick facade w/ attached garages and basements with washer and dryer. The roof is about 4 years old.What are so...