Justin Wilson
Ohio State S-Corp Income Taxes
Hello,I was reading up on the requirements to submit tax returns and pay income taxes in Ohio. I've read the CAT is not required if the business has gross receipts under $150k. My rental income is way below that, bu...
Herm M.
Getting a "cash only" purchase approved by short sale lender, but being denied the usage of hard money???
If I offered "all cash" on a short sale and got it approved... will the short sale lender have an issue with me using hard money as part of my funds? Why would they? I've closed short sales before and haven't had this...
James Miller
1031 exchange! Is this possible?
Is this possible?
Sale 7 properties (some with liens/ some without) to the same person at the same time.
Place all left over proceeds with the proper 1031 agent ( closing attorney).
Use all the left-over proceeds...
Tom Medwin
Need Some Quick Help - Mortgage Satisfaction
Hi Guys,
I closed on a short sale last month with ASC. They had verbage for no resale for 30 days. So I'm closing this Thursday with my buyer and the title co wants a recorded mortgage satisfaction. It hasn't been...
Josh Calcanis
A deeper dive for my first 1031 in Orlando FL
Hi BP,After digging through some of the forum posts and looking at Brandons blog post on 1031's, I've got a few remaining questions I'm hoping the community can clear up.I currently have a SFH and Triplex in Orlando, ...
Jeffrey Hayes
Help! Trying to decide whether to walk from short sale deal
Hi, I'm a real estate broker from Tucson, Az and I'm just about to close on my first flip deal which happens to be a short sale. I made my offer on this 3 bed 2 bath townhome in Tucson, Az back in August and it's on...
Mark Kenneth
collecting fee outside of closing
Good News !! I was able to get my extension on the short sale.Now I just have to get my buyer to pay my fee.Any recommedations or experiences from you guys for collecting your profit outside of closing. We were doin...
Jaden Ghylin
Short Sales: How are they working?
I've been hearing a lot about short sales and the trend towards more of them to avoide foreclosing. I also hear that they are a lot of work and the banks frequently don't approve the offer price after working on them...
Maryann L.
title insurance
Has anyone run into issues getting title insurance on a short sale? We seem to potentially be running into a problem.
Brandon G.
Finding sold listings to learn a market
I hope this is the correct place to list this question....I'd like to start trying to look at sold properties in my area each day to get an idea of what prices things are going for. Other than the MLS does anyone hav...