Sam Hudacek
Will a Subject-To property count towards DTI?
I recently closed on a Sub-To deal, I took over the mortgage payments for the seller while the loan stayed in place in their name.Going forward, if I were to buy another property with traditional financing. Can I use ...
Sarah Jones
2 names on deed , 1 on mortgage possible?
Im trying to buy a house with my boyfriend, I have a job and will qualify for the loan but i do not have enough downpayment. He will provide the rest of the down payment. We are doing it as a 50/50 deal.
1. I am get...
Kathleen Hendricks
On-Site Manager Agreement and Compensation
Curious about how others structure an on-site manager's employment agreement (e.g. housing allowance, hourly or salary, tasks required,etc). This is for California specifically. Would also love a referral for an atto...
Michael Plaks
Illinois state tax amnesty program
PSA: If you have unpaid Illinois state taxes, you can catch up by Nov 15, and the state will drop all penalties and interest! https://www2.illinois.gov/rev/research/news/Pages/2019-Illinois-Tax-Amnesty-Program.aspx
Xiang Zhang
How is out-of-state LLC income taxed
I'm a resident in California and living in California, and I have an Indiana LLC that invests in real estates in a crowdfunding commerical real estate projects in Texas. Since Texas does not have state income tax, how...
Maykel Garcia
Tax on selling overseas property
I am selling the house where I was born which is located in another country. The property is under my name but I haven’t lived in it for the past 15 years as I have been living in U.S. The sale price will not exceed ...
Jane Marshal
Partnership with mortgage on one person only
Hello, Initial strategy was different, but due to change in market struck with current scenario. Two person equally shared down payment, but mortgage is on one person at 3% interest rate. Affects the DTI little bit. A...
Sean Beyrouthy
Philadelphia Area - CPA
Hey everyone! I’m from the Philadelphia area and am looking to get in STR. Although I do not currently have a STR I was starting to think about tax season. I was thinking about obtaining a CPA for the upcoming tax sea...
Andy Pillinger
Opportunity Zones / Capital Gains
Hi All.!Less than a year ago did a 1031 and bought a new build duplex for 305K that i now realized is in an O.Z. This year i am going to have a large capital tax bill to pay in the region of 100K. Does anyone know en...
Sam Leon
Rental qualification policy from Invitation Homes
A nearby property for rent by Invitation Homes (I understand they are part of Black Stone right?) I decided to check out for asking rent and property conditions and in the process I came across this rental applicant q...