Hi BP, I need some help. I am looking to buy a new property as a primary residence and to house hack the property. Here is the info on the new property: it’s a 3 bed, 2 Bath SFH listed for 240k. It also has 1bed 1 bat...
It looks like "flips" in a SDIRA are subject to UBIT. But rental income is not subject to UBIT. What about gains on the sale of rental property? From http://www.nuwireinvestor.com/howtos/how-to-keep-your-self-directed...
Hi everyone,
Does anyone have recommendation to how to find a broker who is open for hanging my RE license mainly for investing in LA CA? Interviewed a few brokers in the traditional firms and most are more intereste...
Hi new to the forum here. We just started flipping some homes recently and very happy with it.
We are hoping to start looking for some investors to work with us, so that we can afford to purchase larger homes. I ...
Sorry if this has been asked before...maybe I'm not using the correct keywords.I am confused about the mortgage interest tax deduction. I understand that it allows the interest on a mortgage loan to be deducted, but h...
Anyone got a letter regarding this? My Attny says all they can do is fine you for it. But he also said that nothing was done that would require a license. The way hes reading it, everything should be fine. Just wonder...
Ok so here is the summary. A class C apartment was bought by my friend not too long ago. I invested 20% as a silent partner and there are two other partners. The loan balance when the complex was bought was $2 million...
I want to foreclose on an old note. Willing to pay $100 for best answer to all questions asked below to show appreciation for your time. Please DO NOT raise statute of limitations issue. Questions are bolded below: ...
I have a question about 1099-c on a forclosure. I have heard of the debt relief act and want to see if you think we will qualify to use it. We bought our 1st home when my husband was in the military and we lived the...
I'm in the middle of a 203K renovation and had drawings done before close in October. Unfortunately, the contractor the architect recommended did not follow the plans and I am in need of new drawings. Can I get anothe...