Alex S.
Seller financing interest only note( tax question)
When you sell a property seller financing via interest only loan. Do you still have to pay taxes on installment sale being that you are not getting any of you principle back yet? Assume pay taxes on deposit portion?
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Keegan Uderitz
What to do with my $55,000?
Hello all!
We are currently on the market looking at deals in Tennessee, Georgia and some in Minnesota. How long is normal to make initial investment back? The deals I am looking at are 5-7 years to get that initial ...
Jeffery Hood
four family needs a new roof, traditional shingles or metal?
Hi Folks,I have a four family that will have a new roof put on in the spring. Am I crazy to think about a metal shingle roof vs. traditional shingles? I expect the metal will be 2X, but the ROI is in the life of the...
Thomas Oakes
PNL report for apartment complex
Hey y'all! I am looking at a PNL report for an apartment complex, and I am confused about a couple things. These might seem like dumb questions, but hey, I'm brand new to this! 1. What is the depreciation expense?...
Ben Cochran
Who fills out the rental application after an open house viewing?
I've looked for this particular question and can't find it on the forums so I apologize if it's been asked and answered elsewhere. I bought a duplex, live in one side and renting the other. I'm holding a open house vi...
Account Closed
Amazon now offering home services - looks interesting
I was just about to sign into Amazon and they are introducing a new home service, where you can get guaranteed work done including cleaning, landscaping, handyman, electrical, plumbing, etc. Haven't read the entire d...
Samantha Hudson
Wholesaling Real Estate In Illinois
Hi Everyone! 😊 So! I am super excited to jump into Wholesaling! However before I get started I'd like to have a straight answer if at all possible lol Because lately I've received "Ahhhh well...yeah and no..." lol may...
Gary Pilkington
Cozy to Apartments.com challenges continue
How many people recently received a notice from Apartments.com stating that we need to add/update tax information to continue to receive rent payments and the system will not let them enter valid tax information?As a ...
John Jimenez
VA Loan Certificate of Eligibility (COE)
Hello!So I am currently stationed in Mountain Home AFB Idaho, and will be PCSing in July to McGuire AFB NJ. I went to the benefits site and received my COE but it says I am entitled to $36K.....is this the amount of a...
Andrew Jacobson
Wire earnest money before contract is executed
I had an offer "accepted." It is an REO that went into multiple offers and they have accepted my offer. The listing agent asked me to sign their contract documents, which is fine. They have asked me to submit the c...