Roma Whyte
Am I responsible for last year's property taxes?
I bought a property through owner financing. The land contract was recorded 01/30/2023. I paid the property tax bill that was sent to me after that date.Then I noticed the tax bill was for the first half of 2022, but ...
Steven Paul
Buying a piece of land
Ok so i'm going to start doing direct mail to buy land a resell them. I have no idea how to buy and sell a property, if someone accepts a letter where do i go from there? and what do i need to do and how much would ev...
Joey Palmer
How does a Land Contract work?
Hi everyone, I've finally gotten a seller I've been working on to sell his investment property to me. Better yet he wants to sell it to me under a land contract. Due to some tax reasons he stands to walk away with a b...
Paul Vincent
Get to know Land Contracts
Land Contracts and Seller FinancingI’ve heard of land contracts, but what are they?A land contract is an agreement between a buyer and seller that provides that the seller maintains title while the buyer lives at the ...
N/A N/A
Assigning a Short Sale
Hi all. Has anybody had any experience in assigning a preforeclosure /short sale??? I always hear from people who say it can't be done but I've read that some people have done it but don't share HOW they did it. If y...
David Ptak
Need help with a Land Contract question
I'd really appreciate any input anyone may have on Land Contracts as it relates to purchasing a motel. Being that the purchaser of a Land Contract holds equitable title and the seller holds legal title during the term...
Collin Hays
Beware of "land for sale" scams
A fellow contributor here, John Carbone, sent me a link yesterday to a lot for sale in the Smokies. The price certainly seemed reasonable. It so happened that I know the owner of the lot. He is one of our homeowner...
Bruce Schechter
Selling Arizona Land - Long Distance
I own land in AZ but I don't live there. I've been contacted by someone who wants to buy the land. She wants to go through her own title company and have me sign remotely through docusign. What am I missing? Do I need...
Fabiola F.
Land trust vs umbrella policy
I own a vacation rental property that I had to quit claim out of my LLC into my name when I did a cash out refinance. So for asset protection & anonymity, I'm considering transferring the property into a land trus...
Shawn H.
Land trust/LLC tax question
Land trust holds property, LLC is the beneficiary. Are rents paid to the trust? Is this paas through, on tax return, like an LLC? Property insurance in the name of trust or LLC?
thanks