Quick hypothetical question for Tax Pro's out there:If you have purchased a lot to build a home on, when does the one-year clock start to switch from short term to long term capital gains?Does it start when land was a...

My wife and I finally fixed and flipped the large "Nightmare" house that I have talked about in prior posts. My accountant said that we would have to pay over 40 something thousand dollars in capital gains unless we d...

I purchased an investment property 3 years ago. At the time of purchase it appraised for 96k. Over the last three years I have been losing about 10k a year on the property. I recently had it reappraised and the app...

Does anyone know how one would go about finding out who an asset manager is for a property that isn't listed yet?There is a vacant property in my neighborhood I have been watching and it looks like it was foreclosed o...

step by step process?

Looking to do a note for $80-100K to complete a condo sale in Virginia that needs cash to close as the seller:
Have buyer under contract, as a short saleShort sale negotiations halted by Freddie Mac, the investorWoul...

Hi everyone, just wanted share another short sale story (maybe I should say saga, lol). This is for my personal residency and not an investment property.

First I am sure many of you are aware that OneWest Bank has t...

Hey everyone,so I had a tenant that I had to evict. They left a horrible mess behind with trash and unwanted belongings. We threw everything out and have been cleaning up the property. Recently a private company has b...

Hi.

I have 4 rental properties financed through 3 different mortgage companies. 2 of the 3 told me today that they would call the mortgage due if I transfer the property to an LLC.

I am waiting to hear back from the...

What is that?

After a few months of dealing with Ocwen after saxon sold the loan I was told one week ago that Ocwen has all the paperwork and a relationship manager can call my client on october 25th. The person in ...