Rich Somers
Is it common for seller to not provide tax returns for property?
My lender asked for seller to provide tax returns for the past 3 years of a 5 unit i have under contract, and seller said no. My lender said it’s fine but it limits the number of banks that would be willing to lend t...
Curtis Daniels
Reducing the selling price of the buyer
I found a seller and a buyer. I've had a binding contract with the seller for about a month now, but the seller and I both came to an agreement to go down a few thousand on the house in order for us to sell it to m...
Koi Turner
VA Irrrl Occupancy Requirements
Requesting any useful information regarding the VA Home Loan occupancy requirement. I am located in Austin, TX and will be a first time home buyer. From my understanding, the VA Home Loan has guidelines stating the re...
Zach Lemaster
1031 Exchange Details & Capital Gains
Can someone who has experience with a 1031 exchange give me some details on the rules and process? I've read/heard conflicting information. Here's my specific questions: What is considered taxable income? Example:...
Tyler Matthews
Cash Out Refinance -Tax Free
I have been listening to several podcasts where people talk about cash out refinancing their property and the money is tax free. How is the money tax free? I'm located in Maine
Brandy Phillip
Trust-LLC vs Nothing
My Husband and I went to speak to an attorney today to ask about establishing a Land Trust. We have heard so much about setting up a Land Trust to not only provide protection for our assets but also be able to move o...
Austin Gallogly
International Retirement Programs
So while I was looking into Belize Real Estate, I noticed that Belize offers a retirement program. You can find the details here (http://www.century21belize.com/retirement-program/), but that isn't the purpose of this...
Jonathan Ruiz
Signed P&S on short sale: NOW BANK ATTORNEY RENEGOTIATING = FISHY
Here's the story....Signed a purchase and sale on a short sale property that's been on the market for over 600 says. I'm representing my corporation as a licensed real estate agent, seeking 50% of the commissions. Fir...
Brent Watson
Attorney vs CPA - difference?
Hey guys,
Sorry for my ignorance, but after reading a bit, I still don't understand what a real estate attorney does compared to a "real estate investing-focused" CPA.
Can someone shed some light on the...
Kyle R.
Self Screening Tenant
I almost feel bad asking this as variations of this question has been asked many times. I'm looking for a website to help screen tenants (credit, eviction, and criminal reports). However, I'd prefer to use a site wher...