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Results (10000)
Manrup Sandhu Owner deceased, 30k in missing mortgage payments...
17 May 2022 | 1 reply

Hey all,I found my first opportunity. It's a vacant single family home in a great area. Problem is, the owner is deceased and there is a 140k mortgage balance with 30k in missing mortgage payments. When the owner pass...

Yuriy Skripnichenko Philadelphia Sheriff sale inheritance/estate tax issue
2 April 2021 | 6 replies

Hi all.I ran into a problem that probably the person who lost the property at Tax Sale was deceased at the time. Therefore, there is a possible Inheritance Tax Issue on this. So now we have to do a search on the perso...

Inna Young How the building assessment rolled into the sale price increased the property taxes
7 September 2023 | 10 replies

Our condominium building, comprised of 36 units, located in Broward County, Florida, underwent a substantial assessment in 2021. The owners of two-bedroom units were required to contribute $72.5k, while one-bedroom ow...

Jazmine S. Are the closing costs on the re-sale end always out-of-pocket?
4 June 2017 | 8 replies

Specifically for the agent's commission. Is cash the only way these are paid for? Is there a way to pay out of the capitlal you receive from the sale of the house etc.?

Cheryl C. 1031 Question
15 March 2015 | 4 replies

I am planning to sell a property and 1031 in to 3.  I currently have a loan on it.  It's my understanding that I have to spend all my net, buy properties that, combined, exceed the sale price of my current property, a...

Neil Patel 1031 Exchange questions
5 June 2020 | 2 replies

When you do a 1031 exchange does the intermediary ONLY hold your gains on a property or the FULL sale amount?

For example you buy something for 100k. You sell for 150K. Is only the GAIN (50k) held or the full amoun...

Carrie Angyal Closing cost-who gets the writeoff?
29 February 2016 | 5 replies

Ok I need some help. We're about to settle the sale price on a 3 family that needs repairs to the roof. Initially we tried to split the cost to be paid out of escrow at closing. Seller thinks we should increase sal...

Kevin S. Tax lien Sales
2 April 2019 | 17 replies

Hi:My names is Kevin from Long Island and I am about to start investing in tax liens. Hope to hear from others in the area or outside my area. I will update my journey. I just received my LLC. Not sure if i really nee...

Michael Fortier Questions about buying a mobile home in a trailer park.
17 February 2016 | 6 replies

Howdy everyone.I am very interested in purchasing mobile homes for cash and owner financing them to buyers. But I have a few questions first.How does a mobile home sale work? Is it more like a sale of a car or like a ...

Cheryl Marks Seller back out of contract
14 March 2020 | 9 replies

I Recently had a broker contact me to sell my property.I agreed, signed the contract. When reviewing the Hud closing statement, I have a $22,000. Brokers fee. I called the broker and asked why? They said you agreed on...