I had a purchase contract with the Bank of America on a house. They "cancelled" the purchase contract and told me I am not getting my deposit back. They are not in a strong position legally, but they will likely be ...
With the current TCJA the estate tax exemption is 11.18 million (single) and 22.26 million (married). Any estate in excess of these thresholds are taxed at 40% in CA. For example, if you are worth 20 million as a si...
I just put in my first offer for a duplex and amazingly it got accepted on my first try! Once fully rented, my potential CoC return is about 20% or $520 cash return after all expenses paid. Location is great, down the...
Is it better to make tenants put utilities in their name or to keep it in your name and just bill them directly for it? I haven't read much about landlords doing that, but it seems like it would be simpler in the lon...
Closing at the end of the month on my first rental property. It's a duplex and wondering if I should encourage tenants to set up payment online. Was looking at sparkrent.com, it is only $1 per unit/month.
Has...
Hey everyone, I just bought QB and I am trying to get it set up for some properties. Also at the same time I would like to use it for the renters as well. Can it all be in one company file. Searching online I see s...
After 45 + years investing in, purchasing and selling notes and real property; structuring “deals”, running investment funds and syndications, I have observed that many (most) investors both hesitate too long gatherin...
I came across a RV park opportunity, and just wanted to get a few opinions on my thought process here. This would be my first RV park and real estate purchase.
The Details
- Property is on 20 acres in the country. ...
Without a doubt, the most effective method to acquire life insurance is through a term life insurance policy. term life insurance policy Some monetary advisors insist that their customers utilize entire life insurance...
I am looking for advise on transferring money from an IRA to a SOLO K. We have an IRA that we would like to transfer the money to a SOLO K and we are speaking to a financial person this afternoon about doing that. Wha...