Dina Harleth
Pay 0% capital gains on sale of house?
Hi everyone,
I am trying to figure out my best option for a house that was gifted to me while my parent was still alive. It was mentioned to me in a previous thread that I could pay 0% capital gains if my i...
Justin Braithwaite
Short Sale Discount Due to Non-Paying Tenants
I am currently looking at a 4 family short sale opportunity in the Bronx, NY. The zillow value is 450K and it is bank approved for 395K. I want to justify a lower offer price to the bank. There are currently 2 non-pay...
Jonathan Rexford
How to Pay Sellers for a Short Sale
Wanted to get a good thread of ideas on how to pay a seller some moving money that would not violate the lenders rules based on the approval letter. Remember it is the LENDER RULES.....NOT LAW on most cases unless it ...
Tricia O'Brien
Depreciation - paying back after sale of a rental?
I am trying to understand how much depreciation I will have to pay back to the IRS if I sell my single family rental home that has been a rental for 5 years. Is it the full cash amount I depreciated or the amount of d...
Michael Medeiros
What to pay a realtor on a private sale
What do people pay a realtor on a private sale (I found the property with direct mail) to handle the closing process, home inspection, etc...?
He also provided me with a CMA and contractor name
Andrew Reeve
How much do I pay my realtor/sales rep?
Hello everyone, I have a pretty general question and any feedback would be greatly appreciated! I am currently about to wholesale my first property. I found the property, I negotiated the purchase price and got the pr...
Dee Xixi
Does lender pay negotiator fee for a short sale?
have anyone acyually get pay from a lender short sale negotiator fee. What is a reasonable asking fee?
Greg K.
Very strange Short Pay/Sale clause in banks agreement
Has anyone ever seen such a clause in a contract(approval letter with terms) for a hardship based Short Pay, or even for a Short Sale?)"Dear Customer(s):Select Portfolio Servicing, Inc. (SPS), the mortgage servicer on...
Brandon Johnson
Asking Bank to Pay Closing Cost on REO Sale
Does anyone have any experience to be able to say whether a large financial institution would be less inclined to accept an offer on a bank owned foreclosure sale if the offer contained a stipulation that the seller p...
Beau Fannon
Does a Texas Property Management Company Pay Sales Tax?
Exploring LLC formation to potentially manage 3 family-owned investment properties in the Austin, TX area. Do Texas property managers have to remit sales tax to the State Comptroller's Office? I've reviewed the Taxa...