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I'm looking to refinance a primary home I purchased a few years ago but is now a rental. My current rate is 3.88%, I owe about $240k on it, with a property value of around $400k. I can do a cash out refinance to 2.88%...
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With the current TCJA the estate tax exemption is 11.18 million (single) and 22.26 million (married). Any estate in excess of these thresholds are taxed at 40% in CA. For example, if you are worth 20 million as a si...
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I'm doing my first Subject-To deal and have a signed Purchase & Sale agreement. I'm opening escrow today and will be getting a warranty deed at closing.
On another forum, someone said that the lender on the prim...
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I'm a new wholesaler and am reaching out to the flippers in the audience as I try to figure out how to best arrive at my MAO on a property. Since flippers will be my customers, I want to make sure I'm providing accur...
Let’s say one has an excess of $500k that is in a high yield saving account earning around 4.5-5% APR. What are some other options that would /could pay a higher return that allows for the money to be relatively avail...
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Hi everyone, I was thinking about adding my son as a joint tenant to a rental property I own, If I do this it would probably be the equivalent of a $30,000 gift. I heard that there is a life time gift exemption o...
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How much is typical price to pay someone to develop land? My uncle has an offer he pays all development fees and then gives the guy who engineers it all 33% gross cut. Is that excessive? he pays the million for all co...
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I'm having an issue with rent collection from a commercial tenant. I offer an online payment portal to submit rent payments via ACH or CC - they "couldn't figure out how to use it" so I set us up to accept Zelle payme...
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Just saw an article on Bloomberg alluding to changes with 1031 exchanges. The gist I'm getting is that the cost basis for the new property will be stepped down to adjust for depreciation on the property that's being ...
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http://www.fdic.gov/news/news/press/2008/pr08098.html
Monroe Bank & Trust Acquires All the Deposits of Main Street Bank, Northville, Michigan
FOR IMMEDIATE RELEASE
October 10, 2008 Media Contact:
LaJuan Willia...