Bruce D. Kowal
What REALLY Triggers IRS Attention in Real Estate Partnerships - From An Onlooker
After 20+ years in real estate partnerships, here's what actually puts you on the IRS radar (and what doesn't):
REAL Red Flags That Matter:
The Partner Complaint Trigger
Disgruntled partner files Form 8082K-1 dispu...
William Carr
Owned my house for 6 years, some questions about renting it out.
Bought the house as a short sale at 260k and it recently got appraised for 320k, Mortgage is $1692. House was built in 84 and is in great shape with new carpets upstairs. My only concern is my ac unit is from 84 and s...
John Perry
Bid On House Subject to 1st mortgage... Advice Needed (Ohio)
I bid on what turned out to be a a 2nd mortgage in Ohio. The house is worth around $300k. I paid 258K at auction. Looking through the court records I can see that the 2nd mortgage was awarded ~100k. There are around ~...
Gargi D.
Advice on paragraph of the FHA Financing Addendum I
I was to purchase a condo in Washington DC this month. I had a pre-occupancy contract which expired the day before the FHA certification and financing. The contract ended as it was to be the settlement. The sett...
Sean Lynch
Multi-Family Housing subdivision - Building from scratch.
Hi,I am looking into building a multi-family subdivision/association and wondering if anyone here has any experience in larger scale development like this? Currently bidding on land available up to 40 acres and speaki...
Gillian C.
Chicago: Rules on tenants who are MTM after expired lease
Hi Chicago folks. Could you shed light on the following scenario:
- Tenant on a year-long lease that ended August.
- Tenant continued to pay rent September and November.
- No new lease was signed.Two questions (on...
Jacob St. Martin
How much should I get as a wholesale fee for a $4 million deal?
Hello everyone,I am a real estate investor near charlottesville va, and do not specifically focus on wholesaling but will occasionally wholesale something if I think it is a good deal but doesn't work for me. I found ...
F. De Rop
Buying Property in France Tips
About the house of his dreams may have found preparations for the purchase arrangements. These are essentially the same as in the rest of the world, the differences lie in the details.
...
Scott Gadea
Can I write off a truck?
I owe 2 rental properties, (5 doors), in California. The 1st property is a single family home which is about 5 miles away from where I live. The 2nd property is a 4plex which is about 140 miles away from where I live...
Daniel Foster
Single Family with Renter
I am looking at buying a single family with a renter already in it. I have requested the payment records and lease agreement. What else should I be looking for?