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Hey guys, we often talk about the tax benefits of owning real estate. Do these benefits extend beyond the rental income? Could somebody give me a laymen's overview of how this works?
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I am in the process of trying to close on the sale of a property, and the bank has been a huge hassle. The home was under contract for $155 per sq-ft which is totally in line with all comps and lower than some provide...
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I have around $250k to play with, and I'm considering buying notes off FCI. Can anyone tell me what I'm missing? Many of the 1st position notes (non-performing) sell for a fraction of the value of the property. It s...
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Closed Tuesday but the previous renters moved back in Wednesday. The place they had lined up to move into ended up being sold so the landlord returned their deposit and 1st months rent. They had no place to go but s...
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Unfortunately I've been away for a few months while taking care of some personal matters, so I haven't been able to keep up on discussions.
However, several months ago there were ample amount of folks here insisting...
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I have this Subject to off market deal in Houston, tx: Seller's Motivation: Needs to move to smaller house close to work place.ARV: $185,000Repair: $5,000pending Mortgage: $135,000Seller currently lives in property an...
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Hello there, I need your help. I have a lease with my tenant which is just 3 months old . Currently, the tenant got section 8 approval and asking me to accept the partial amount from section 8 and she stops paying me ...
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I have seen several articles claiming that the deductibility of interest for your primary residence is on the chopping block to close our budget gap.
Does anyone know what is happening with this? Who is pushing th...
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I want to consider proposing this deal to our realtor. (short back story to follow): We are selling our townhome that we bought with a 0% down VA loan in January of 2014.We used our realestate agent to buy and want to...
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Hello! we're in contract to purchase a property in Sedona arizona. If you don't know it, it's a super small tourist town about 9,000 people, huge tourist destination with beautiful red rocks.we have a great off market...