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I bought a shor-sale house and the agreement is that not to sell it for more than 120% value from day 30 to day 90. I plan to complete the renovation within 60 day, and sell it after 90 days with more than 120% value ...
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Hi Everyone,
Does anyone out there know, or know someone who has set up a timeshare type of business model for a home. I am looking to be the property owner and sell blocks of days to primarily business's. Here are ...
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Hi all,
I have a conundrum and trying to figure out what to do, so figured I'd throw it up on BP and see if anyone else had any thoughts :)
I own 4 single family homes in Kokomo, IN. They were all purchased with a ...
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I am in the process of borrowing money from a family member for some remodeling. My accountant will be tracking payments, interest and principle paydown for us. For the actual contract, short of going to an attorney...
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First off, I know I should contact my CPA, but I'm trying educate myself on this matter so I can ask the right questions.
I will try to keep it simple.
"My share" of the deal is as follows:
I have a $1,000,000 Option...
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I imagine this question has been asked already but search doesn't allow me to just search this forum so I'm coming up dry on answers. SO, I'll potentially ask again.How do you guys handle stays longer than 30 days? I ...
Hi! Where can I find regulations , if any, for short term rentals in the town of Morrison? We are under contract to purchase a property in the town of Morrison to use specifically for a short term rental. Research...
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I have been receiving some calls recently from owners who would like to sell their homes, but owe more than their houses are worth. Is there any strategy to help these people and make a profit at the same time? Would...
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I have a home which will be furnished, will have cable, will have wifi, pool table, TVs, free access to walk about a nearly 40 acre estate (horses allowed/archery hunting allowed), city park with walking paths, playgr...
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How does taxes work for wholesale income? Specifically is it considered capital gains even though you get an assignment fee?