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Can anyone confirm definitively what the calculation is for determining the federal capital gains tax on the sale of a long-term asset (rental property) for someone in the 15% capital tax bracket? I tried to get this...
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For anyone who doesnt know a Short Sale property involves buying a property that is being sold for less than the outstanding mortgage balance. This type of investment can offer an opportunity for investors to purchase...
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Hi, I see 2 triplexes for sale. They are adjacent but on 2 individuals lots per County assessor. Both buildings are for sale by the same owner. Each building has 3 apartments. So 6 units total, but divided across 2 p...
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Hi all - any investors with experience buying properties at a delinquent tax sale? I am curious how the process works, what do you do if it’s occupied (can you evict?), they said you need a bank check, but how can you...
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As far as I’m aware, FHA loans are only for individuals. Is there any way to get an FHA loan and transfer it to the LLC? What are the pros and cons of this?
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Has anyone ever rented a property to individual trade market booths (i.e. crafts, boutique shops, etc)? I have a small office building in a rural area outside of the DFW area that I can't sell and I can't get anot...
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Got the typical phone call from an IBUYER in TN, offering to buy my investment home. He sent me a sales contract with the agreed price of $125k, As-Is, no realtor fees or other closing costs and promise of $500/earnst...
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I heard Illinois created a new law that was just passed a few days ago for wholesalers stating “Unless you have your realtors license wholesalers can’t perform anymore real estate deals” is this true??????
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I live in Albuquerque NM and have investment property here, and a great agent that I enjoy working with here. I am the executor of my aunt's estate, who passed away last year, and recently was tasked with selling her ...
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I was looking at comps for a house I was checking out. The home is not located in a high income community. I saw one comp similar to that home that sold for over $1 million. Why would a buyer even it is a corporate bu...