Good day everyone. Here’s a quick example of a Private Money Partner funding opportunity I underwrote recently.The borrower’s exit strategy is to Wrap the property to a homestead buyer. Below are the figures:
Purchas...
We own several rental properties with excellent ROI. These props are all under our personal name. Our combined taxable income was more than what the government considers as way above the threshold, therefore, we cann...
Can anyone provide more info on the first time buyer tax credit?
http://www.federalhousingtaxcredit.com/
Do you just get this as a check, and in addition to your rebate?
We currently only have one rental property. When we first bought it we had the lease written up by a lawyer and it included that the tenant had to professionally clean the carpets when they moved out. We are now getti...
I am selling a property I have owned for one year. The problem is the date the deed was recorded is not the date we closed. When does the iRs see that one year starting from- date of closing or the date someone actual...
Tenant was responsible for 100% of the water bill. We pay directly and bill the tenant. The billing cycle does not coincide with the tenant's move-out date. how do you deduct the tenant's share of water from their sec...
Hi everyone,Looking at purchasing a vacant lot (located in CA) from a motivated seller in London, England. Typically for domestic in house-closings, I would schedule a mobile notary to meet at the sellers house to sig...
Hello all. I am new to the forums and seeking some advice with how to deal with my landlord.I rented with my landlord for the past year. The original lease was from July 1st, 2015 to June 30th, 2016. Rent is $800 and ...
Hello everyone, first and foremost I want to express my gratitude for this wonderful forum. I am not a local and I am interested in purchasing my first property. I am seeking advice on the most ideal location in terms...