Have a question regarding valuing property held in my 401k plan.   In speaking to my 3rd party administrator regarding converting some of my 401k to the Roth election and paying the taxes they said I would need to get...

I've recently taken the in-class portion of the requirements to become a Real Estate Broker here in Illinois; I was literally in class the week the World quarantined. I've been writing and re-writing my strategy for o...

Hey, we've won a foreclosure auction bid for a single family in CT, appraised at 200k The winning bid was only 57k, with 18k outstanding tax/ water/sewer lien. the property needs some work,rough estimate of 25k, so de...

Hello. I am interested in selling my rental property to the tenant that lives there. I would love to do this without an agent to save some money. Has anyone else done this before and can share their wisdom? How did th...

We have a co- op which we inherited when my father-in-law passed away. We have someone who wants to rent with an option to buy after one year. We were only asking for a security deposit and $1800./mo rent. Do we have ...

Is there a tax deduction/protection strategy for a 67 year old to hold a note on a capital gains tax? For instance will the seller pay less in taxes on the income he makes from 3k a month as opposed to a bulk payment ...

Hey there! My brother and I purchased a property in Akron recently on March 18th, through a portfolio sale. For this single-family home, we found out right before closing that this tenant was a section 8 tenant, so ju...

Hi all!
If I had a rental property with exactly zero cash flow at the end of the year (after paying for mortgage/escrow/insurance/maintenance/etc.), would some of my depreciation expense shield the funds that were us...

Good afternoon, and thanks in advance!I have been talking to a woman about selling her rundown house to me.  The ARV (given to me by a Realtor) is $25-28000 max.  From my conversation with the seller, we have calculat...

Now that August 17th has passed, and the new NAR Settlement is in effect, big changes for consumers on both sides of real estate transactions are being felt across the nation. If you haven't bought or sold any real es...