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Results (562)
Tony Severino Rehab Diary
10 August 2009 | 13 replies

There is a reason why I am not a rehabber…..

April 1 (Fools Day) My Banker was very friendly. Said he wished I would get a contractor because I didn’t know what I was doing. Best rate I could get was 6 points ab...

April White CPA vs DO IT YOURSELF
27 November 2018 | 22 replies

Hello Everyone,I just recently started a business this year to do LTR, and started fixing up a little house in the back of the property as well but ran into plumbing and electrical issues that cost more than expected ...

Curtis H. Buying a home with a Reverse Mortgage
10 December 2016 | 16 replies

So I have learned that when trying to create a list with owners who have less than 10% equity, I accidentally made a list of a bunch of reverse mortgage owners and mailed all of them. LUCKILY I only mailed one zi...

Account Closed Tax considerations you MAY NOT KNOW about short term rentals
17 February 2024 | 11 replies

In the realm of real estate investments, the short-term rental loophole offers a unique opportunity, subject, however, to certain rules and regulations. According to passive activity loss rules, every business is obli...

Account Closed 15 Undeniable Reasons It's Time to Sell Your Investment Property
10 October 2024 | 0 replies

Deciding when to sell a rental property can be one of your most challenging decisions. The problem is that real estate markets are constantly changing. Selling a rental property too soon could mean missing out on a pr...

Mehran K. "What If" Section 8 Were No More
3 August 2017 | 173 replies

Hey there community!

I'm closing on a property tomorrow and I'll be inheriting a Section 8 tenant. I always like to think about possible "What If" scenarios and it's got me thinking. I ponder, how would it af...

Dennis Cosgrave How Will California's Proposed Wealth Tax Affect You?
20 August 2020 | 78 replies

AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will th...

Matt A Deficiency judgement after a short sale
30 May 2010 | 33 replies

Hello CTC,

I have a concern. I recently had a short sale approved in California through B of A and the buyer wants to close asap. I got a letter from B of A stating "BAC Home Loans Servicing, LP...

Curtis H. Does paying mortgage give you equitable interest?
3 April 2018 | 28 replies

Not sure what forum this goes in but I have an interesting question. This doesn't involve me, but a childhood friend. I'm not sure what to tell him. Here is the scenario as simply as I can put it.* Used family member'...