Dirk S.
Tax implications on sale of principal residence
Hi
I own and lived in my principal residence for over 20 years and a significant capital gains.
1 If I sell my principal residence I pay no tax on the first $250k of capital gains (filing single), but if I have ad...
Neil Smith
Options for house inherited by multiple siblings
My mother-in-law passed away not long ago. Her house, which is paid off, was left to her three children. My wife is the only one of the three siblings who is able to buy out the others if she so desires. My wife an...
Ben McPhail
Creative ways to finance rehab
I am looking at buying a single family investment property in Fayetteville NC for $140,000. Estimated repairs are $25,000 with and After repair value of $180,000. If I want to keep more cash on hand should I get a t...
Warren Robinson
Military area vs. non-military
Good morning BP, I recently retired from the military and now living in the Dallas area. I am looking into multi-family homes and always considered looking around a major military post given the fact that there are al...
Ralfie Doe
Tax Deed Alabama Investing
I bought a Tax Deed this year from tax sale in 2014. The owner Quit Claim it to a company in 2018. But the former owner still owe taxes on it before it was sold to the state. So who is the new owner? How do I take pea...
Mark M.
Tenant evicted, let behind a whole house of stuff
I evicted a tenant last week and he left behind essentially an entire house of furniture and other stuff including two refrigerators full of food that I'm now paying to keep cold since I have taken over electricity. I...
Steven Harri-Das
Software to Manage Real Estate Investments
Good Afternoon:I have a client with a significant real estate investment portfolio. He is trying to keep track of at least 100 properties at any given time in various states of ownership. ( as a partner, as a mortgage...
Matthew McNeil
Anyone building-installing Accessory Dwelling Units (ADUs)?
Looks like ADUs might be worth considering. Interesting article;http://www.buildinganadu.com/what-is-an-adu
Marco Y.
106 year-old, five-unit in NJ should I pass?
Hello everyone,I'm gonna try my best to explain my situation for anyone that wants to help. Im 25 years old and have loved real estate probably since I was 14. Although I've been reading and learning everything I can ...
Jiva Segaran
Tenant asked to borrow money from ME!
SHe said the previous landlord used to front her money several times because she was good for it. She needed $500 to do something but her ss check wouldnt clear till tomorrow. She would write the check to repay along ...