Hey everyone. My mother owns a home and two 4-unit townhomes. Current situation4-unit townhome 1: principal remaining $523K @ 6.625%. Maturation date 12/36. Rent collected ~6500/month4-unit townhome 2: principal remai...

I’m curious how the taxes work for the seller. If they are owner occupiers then they won’t have capital gains anyways. So in that case it is really just the income stream they can maintain.
But, if they are tired lan...

A lady called me with a nice house in a nice neighborhood that she wants to sell for what she owes which is $108k, and it is worth $150k. It needs no repairs, since her son is one of my best contractors who told her t...

Thank you in advance. I was curious if the benefits of having a RE license are sometimes undermined by the gray area that can exist in creative financing. Without getting into the various nuances of individual type...

I have heard many people say that inflation in our housing market will lead to higher interest rates which will ultimately lead to an affordability crisis and a significant drop in housing prices. I have not seen any...

Hi,I just read through the article at https://www.biggerpockets.com/blog/how-im-using-helocs-to-build-wealth by Charles Hardage.  I'm unclear on one thing, though. Charles said:"Our first HELOC allowed us to save $50...

My question is specific to Texas since I assume the answer may differ from state to state. However, I would be interested how other states handle this as well.

I understand that a DBA can be filed at the State level ...

I am filing my taxes using TurboTax Home & Business and I'm filing later than normal specifically because of this issue that the TurboTax hotline has been unable to help with. This is probably the last year I try ...

When it comes to managing your mortgage, most homeowners are familiar with refinancing as a way to lower monthly payments or take advantage of better interest rates. But there’s another option that’s often overlooked:...

I invested in a private REIT a few years ago and it went poorly.  They are returning 10% of the principal.  It shows up in my online account, but they have not allowed access to the funds.  If I get the money in 2025,...