Michael Plaks
Crazy technicalities: how the IRS defines your age. Spoiler: it depends.
Specific technical issue that triggered this post. When parents employ their minor child, the child is exempt from Social Security and Medicare (aka FICA) - if under 18. But what exactly happens in the year the child ...
J Lee
Philadelphia Sheriff Sales (Mortgage Foreclosures)
Hello,
I am newly looking into sheriff sales, specifically on the mortgage foreclosure side. Off the bat, I had a few questions that hopefully someone more experienced can help:
1. do auctions allow financing after...
Eliot M.
Disagreement w/ Property Manager
Was wondering if I could get some help on dealing with my Property Manager. I have been under contract with my property manager for almost 1 year and have decided that it's not worth the money to continue doing busin...
Jeffrey Wolff
LLC/Land Trust/Personal Mortgage
My single family residential rental property is held in a land trust, whose beneficial interest is assigned to my single-member disregarded LLC. I have opened up a business bank account where the rental payments are ...
Robin Simon
Great Day for Rates and Mortgage Bonds
Should see some further rate relief in the coming days as the markets interpreted Fed Chairman's speech today as dovish and indicating lesser rate hikes / sooner pause. Some good recaps from Mortgage News Daily:"Powe...
Jeremy Scott
How to negotiate with General Contractors for Rehab?
Hi Everyone,I just got my first rehab home under contract and got a quote from a general contractor. I feel like it is a bit high and am definitely going to shop him, but any advice and counsel I can receive from deal...
Shari Peterson
Need Greenville, SC flip friendly title company
I have an upcoming deal for which we will need a flip friendly title company located in the Greenville, SC area. The short sale is from Bank of America, and we anticipate that there will be the item #10, which will st...
Jonathan Williams
Tax Value vs. Sale Price
What is the relationship between the tax value and the sale price? Do I interpret that differently for multi-family properties than SFP? Thanks!
Evan O'Brien
Determining Employment for a Market
Is there a certain website or resource that is used to determine what the major forms or employment are in a rental market? Any information would be greatly appreciated!
Nathan Gesner
California continues creating crazy laws!
California is proposing a law that says Landlords must own a property five years before they can evict.https://www.abc10.com/article/news/local/sacramento/california-laws-2022-renting-landlords/103-3831aa77-fecf-46d7-...