Our client was a family real estate business held as a partnership. The family members were all married and did not want the spouses of each partner to take over if one of the partners died.Our client owned several fa...
I have a court judgement against a former tenant for unpaid rent and damages. How do I include this in my tax return if at all? I assume I can only claim for the assessed damages portion, as I have yet to complete ful...
In other words, will the trustee allow or can they forbid the delinquent owner from paying cash for their own property at the courthouse steps?
Hi guys,I did an eviction today on one of my properties and the judge ordered the tenant to leave my property by April 3rd. The tenant owes me 5K in rent.Should I send this to a collection?I am a Christian, the Bible ...
does anyone have info on short sale debt forgiveness occuring in 2011?
in particular on an investment property.
If you were about to get $25k would you:A. Invest it in another couple of rental houses in the $75k range w traditional loanB. Put it towards student loan debt which has an interest rate of 6%? Currently on a 4 year p...
Is there such a thing as a forgivable sellers second. I have a home that I am selling for $50,000. The buyer has low credit but can come up with $5000 down. The gentleman doing the financing said he can get an
80-...
This question is asked frequently, but I'm wondering if the same applies when it comes to having student loans under income based repayment when you work in public service. I am currently paying under $470 a month on ...
I saw this on the net today. Just thought others who are investors looking to buy short sales or owners wanting to sell would like to know.
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@Steven Hamilton II and @Dmitriy FomichenkoI read some threads recently where the info on basis when purchasing sub2 seemed conflicting. 2 years ago I bought a property subject-to the existing liens of $250K. Then f...