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Hi everyone, I’m in escrow. I was able about 20k back from seller. My closing cost around 11-12k. I want 8k to go to home improvement credit to an invoice contractor. My realtor agent said it is not possible and pus...
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Info from the Texas Association of REALTORSWhat Makes a Room a Bedroom?July 17, 2018 | TAR StaffThere’s no single legal definition for a bedroom in Texas. The International Residential Code (IRC), published by the Int...
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Hi,
My husband @Kevin Kovalsky and I own multi-families in downtown Manchester, NH. It is not the best area and We keep property management within the family and sometimes I get concerned for our safety.
Does any...
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Hi BP!
I have a client in San Diego that just inherited a 4 Plex worth $1,300,000. The property is in a trust and has been passed down to share between 3 siblings. My client wants to buy out his other two siblings b...
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OK, probably NEVER a "quick" question and answer concerning tax, $, etc. But I will try to make it simple. What is the simplest way to compensate one member (of a 2 member-mamged 50/50 LLC that has a couple rentals) f...
Hello I'm new to the whole thing. Over the past 5 years I have purchesed three houses. All making great income. I'm ready and have saved up enough for a down payment for another but the banks will not give me any mo...
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I entered a cash offer for a REO that was accepted. However, I think i can get a loan pretty easy to fund the deal. Am I obligated to use my own cash for a cash offer or can i get a loan?
sorry if that's a dumb que...
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Greetings,I am looking for some clarity from experienced wholesalers in California real estate.I have just started wholesaling here in the SF Bay Area. Very excited!I am working with a realtor who has not worked with ...
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Hello everyone, Every year I keep having problems and issues with the tax person I’m working with it every year I have to find a new one. I have even had situations where I had to amend my taxes because the tax person...
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If you do not know what NOL (Net Operating Loss) is, this alert is not for you probably. :)If you carried your 2018 NOL to 2019 or carried your 2019 NOL to 2020 - you only have UNTIL OCTOBER 15th, 2021 to reaffirm thi...