Jarrod English
Lease Option House With Basement Suite
Hello all,I've been flirting with the idea of a lease option as it would be a good way to earn some upfront cash via the deposit and make a small profit on my home. I was under the impression that a fixed price for t...
Peymon Hashimoto
Should I take legal action? County Tax deed sale gone wrong!!!
I contacted Bonneville County in Idaho to take a look at properties that the county took possession of due to unpaid taxes and tried to purchase those properties. They gave me a list of properties that no one made an ...
Cara Lonsdale
Depreciation - What the heck??!
A few questions...........To what extend does depreciation really affect a person's taxes/capital gains on a property when it is sold?Does it benefit or harm a person to claim LITTLE TO NO depreciation each year on a ...
Daniel Adams
203(k) loan. Stuck with a bad contractor who wants to charge more
Hi All,Wanting to see if there is any advice for a situation that I am going through. I closed on a 203(k) loan on January 4th. My wife and I thought we had a decent contractor and the work was slow but it was progre...
Rob Pattison
Needing a second opinion on my $51k tax obligation
I bought a house in Costa Rica, using partially money from my 401k through a covid distribution, which meant I escaped the 10% penalty but still am liable for income tax.I'm 59, and took out approximately $200k. This...
Brandon Y.
Lead inspection when purchasing a new home
I m purchasing a home in Massachusetts and my offer just got accepted for my first multi-family. The home was built prior to 1978 and it is a two-family side-by-side. Currently, there are tenants at will and both unit...
Jonathan Baptiste
House Hacking With Disrespectful Tenants
Hi all, I am a 27 years old and bought my first property in October. I decided to house hack and filled my rooms very quickly. I was not expecting to be best friends with my roommates but I was hoping that we would be...
Jon Treskot
Tenants late with rent
In need of some council, in the last six months my wife and I have purchased 2 investment properties. Both have existing tenants. One of the tenants is late with rent every month and is giving me BS excuses all the ti...
Aaron Knoll
What are good Terms for a pre-auction property?
Here's the situation:A nice house in a great neighborhood is being foreclosed on. Auction starts in 2 weeks, starting at $220k. Since it is a hot RE market, I suspect it would fetch much higher -- comparable auctions ...
Shaun Hunt
1031 help needed
I have an half acre I want to sell to pay down a loan for another home that I have an accepted offer on. Am I too late?