I recently bought a HUD home with the intent or reselling within a year. The rationale for buying the house was to "ease" into rehab and reselling property while working a full-time job, and to allow my kids to finish...

I was reading about and researching this over and over again, books, IRS pubs, here, elsewhere. I cannot get a conclusive answer even in forums with seasoned CPAs debating this topic.

That much is clear:
- If you hav...

Ive been trying to confirm the tax consequence of selling my rental unit and am so far astounded at the negative tax implications ive found.  I purchased this unit in 2001 for $400k and converted it to a rental in 200...

I thought I'd relate my experience with the above website, and see if anyone else chimes in with their experiences with this company. They are apparently a clearing house website and the people are in India. The loc...

Hi Everyone,
I currently own properties here in California and I have recently been looking for investment multi-family properties in North East Ohio. I am new to out of state investing but not new to real estate. I ...

I had a seller ask me, "When a home is under contract can the seller still attempt to sell?" I was going to tell the seller no it's not possible to do if it is under contract. Of course I don't want the seller to se...

Is there a Realtor "law" that requires a listing agent to submit any offer to the seller? If there is could you tell me exactly where it is in the Realtor "rules"?

I'm asking the question because I submitted an offe...

Hello all,

I had put an offer on an REO 10 days ago and I just got a call from the listing agent that my offer has been accepted. I looked over the purchase agreement and it states that the deed will be transferred v...

I'm looking for my first property and found a potential.  It's a townhome in MM for sale by owner for $175k.  I'm a little nervous to proceed without a realtor since I've always relied on them to make sure I'm covered...

Here is the deal. A cheap 2/1 in Houston tx. Contract price $7k, fast-forward 3 weeks I got a buyer at 9k. The property was inherited from the seller's grandmother to the seller's mother then went to the seller. All a...