Friends, I came across an ad, on Craigslist that made me think. The ad was of a modern home in a decent area. Of course, the rent was inflated but not by much. The ad listed renter qualifications, and explicitly said...
Selling real estate in south carolina and not a resident but there is a withholding tax (7%-10% of the gain) If the gain is $10,000 are they withholding the whole amount or just 7%-10% at the time of the sale? What is...
Hi Everyone,Not quite a new member as I've been a long time reader working on building up my knowledge base but this is my first post as I'm finally ready to jump in and take action. I live in the western suburbs of P...
I've seen a few notes now that are for sale and indicate the borrower is either filing chapter 13 or 7.
I'm assuming that a chapter 13 is similar to the lender just modifying the loan ? Meaning making it more finan...
Hi all,IS it legal for one member of a dual member LLC to claim all of the income/pay all of the taxes on their tax returns. Leaving the other partner not claiming the income/ not paying the taxes. This of course has ...
Am i thinking about this the right way?US dollar net value drops almost 7% in the last three months+An assumed true inflation rate of 5% (shadowstats.com)Loss of purchasing power 7% + Inflation @ 5%= 12% decline in ov...
One of the biggest risks lies in the execution of the business plan. Before the deal, you’re wooed with glossy marketing packages and the sponsors will answer your questions with lofty ideals.
However, when the rubbe...
Background (short & sweet):I started investing in February 2004 with two single family rentals and moved into developing, but got burned by contractors and the economy during the economic recession. As a result, I...
This article was featured yesterday in the Wall Street Journal. Apparently, a new state law will target Airbnb advertisers with fines of up to $7,500 if they violate a 2010 law that bars rentals under 30 days in mu...
Hi there, I'm looking to buy a home in Sayulita (a neighboring town of Puerto Vallarta). Goal would be a small unit, close to the beach, where I can live a few months and rent out the rest. Prefer something close to t...