I have lead on a property that has been empty for a year. Property appears to be in good shape, has been winterized. Finally found the owner, she has passed. Find the heir, have not been able to get in touch with him ...
I am buying a house from a guy with a complicated situation at hand. I know that I can contact a real estate attorney, but I would like to save money where possible. His wife passed away in 2015, leaving her half of t...
Is there a law that specifically prohibits the closing company not to disclose the buyer's itemized closing costs ? We are contributing a rather large sum to the buyer's closing (10k), and would naturally want to see ...
Hello All!!
I just purchased my first multi-unit property (duplex) in Sacramento, just near American River College. I'm a bit nervous about being a landlord and am looking for ways to ensure rent is paid by tenants. ...
I know the answer is likely talk to your CPA, but I am hoping that someone can shed some lights on this. I know a lot of it depends on a lot of dimensions, but I'll try to be specific as possible.I am considering ear...
I am on the cusp of my first eviction. Tenant recently lost his job and is trying to get a subsidy to pay his rent. Even if he can get one month of rent off of the subsidy considering that he no longer has a job I b...
I am looking into a subject to deal but it has 3 HUD loans. I talked to the person selling the contract and they mentioned that those hud loans have to be paid at year 2051 or if you sell or refinance the house. In th...
becoming a full time investor has it greatest benefits, however I still have a family to take care of. That being said if real estate investing is a business can it be easy to obtain medical insurance and other be...
As we already know, because of the wild, reckless actions of the big banks selling derivatives that had little to no worth, the big banks were insolvent a year ago. The government argued that the banks MUST be saved ...
I just stumbled upon this. Another plus for section-8 rentals. Albeit a small one.
From the IRS:
The applicable percentage used to figure the ordinary income because of additional depreciation depend...