Red Peterson
Sell or Hold? Condo almost paid off.
have a 3BR, 3ba partially fin basement almost paid off. Ready to purchase a new home.. i feel if I sell, I’ll get a good equity but I also feel that in the long run, its best to hold. I feel like the real math in my e...
Divya Sosa
Tenant paid late rent two consecutive months
Hello guys,
I have a tenant who started leasing my residential property in March'24. The rent comes on time for March, April and May. June they paid late rent with the penalty. July they are going to pay late rent a...
Sunil Sharma
Loan options for a cash paid property
Hello,
We just bought a townhome in Harvey, IL, all cash paid. This is already rented on M2M.
What are our options to get most of our money back so that we can invest in other good properties?
PML or DSCR loans or...
Carolyn Morales
Tax strategy for paid off investment properties
What should we expect tax season if we paid off investment property this year, and how can we minimize the tax bill on the income of paid off rentals?
Ryan Marrs
Wholesale Transactions: How does everyone get paid?
Hello all, I'm just getting started out with Real Estate Investing. I have a question about how transactions work for wholesaling. I understand the process up until putting the house under contract and assigning contr...
Shar Day
6th day and Tenant hasn't paid yet !?!
Today is the 6th day of the month, and I have a renter that haven't paid yet. New tenant (Jan 2015). For the last few months the rent has been deposited into a bank account.I texted and emailed a notice last night, in...
Kenji Tominaga
County Mortgage Tax paid by the Buyer?
Hi Tax masters,I have a question about the county mortgage tax when purchasing a property.I'm quoting a mortgage from 3 lenders for a small multi-family in Bushwick/Ridgewood area (Brooklyn NY), and one of them estima...
Kyle Scofield
When do mutual fund managers get paid
I have a non-real estate related questions. Looking into a 401(k) and was just curious as to WHEN mutual fund managers get paid? Do they charge you every year or do you just pay one lump sum at the end when you withdr...
Armand P.
How taxes are paid from a LLC
HelloI live in Bay Area and want to open up an LLC in Missouri with a few partners. My question becomes do the profits from real estate investments go into the LLC account first then get distributed after? Also, would...
Ram Gonzales
Title clearing an old paid off lien
I'm working on purchasing a property. An original purchase loan was taken in 1998, which was refinanced in 2004, and then again in 2005. The title company cannot find a release for the loan from 1998 and says they nee...