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I have a question about the rights a tenant has when their housing is paid for by / related to their job. For the last three years I’ve had a part time job working as an advisor to a fraternity. I was picked by the fr...
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New landlord here! We acquired our first duplex in December with one tenant staying in place and the other one was evicted before we closed for multiple reasons. The side of the evicted tenant was pretty bad and the...
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Need your help to understand the ADU law of Hayward area.Wonder if I can turn my "1st floor" (with no permit kitchen and full bath) unit to legal ADU. This "1st floor" unit is legal with about 1100 sqft.Whole house is...
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Do you have to tell a potential tenant that they are being denied after they filled out an application? Or can you just not contact them? Just of the mind that the less contact the better in this litigious society. ...
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Mother-in-law (74) owns a home that’s falling apart but doesn’t have funding for repairs. Home is titled in her name. Mortgage is in ex-husband’s name and he is legally responsible for PITI on the home. We’re trying t...
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While this may be common knowledge for many people, it's something I've been running into a lot with first time home buyers that I'm working with. Everyone is most concerned with the the number in the interest rate, a...
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Hello everyone.
Great forum here. I have been lurking for a while to soak up content while I get my personal financial house in order.
I need some help and thought this would be the place to ask. I'll stay short and...
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If a mortgage is paid off right before selling the home, can we exchange all the proceeds of the sale with no tax consequences?
For example, suppose a home is worth $400,000 with a mortgage of $160,000. If the mortg...
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Fellow Investors,My wife and I are trying to pick up our investing this year and we have decided to house hack if we can find a good deal in our area. We'd like to house hack for a couple of years then repeat. The fol...
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Hi Guys, So I am trying to (finally) figure out the truly correct way to calculate my taxes on an underperforming 2-family property I'm going to sell soon (for purposes of below, I plan to sell in June 2015 and have ...