My parents are selling their double wide mobile home, and they have an outstanding mortgage balance on it. The buyer's lender wants to see a clean title, but insists that the title check goes through the Bureau of Mot...
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HiBeen a member for a while but this is my first post. I have elderly parents who own a multi family just north of Boston. My siblings and I are looking into creating a trust for the property. Eventually the property ...
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Hello everyone, I am new here, Obviously :-) I don't want to get into extreme detail on how I am in my situation, but I will give you everything you need to know. I am a founding team member of an enterprise software ...
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Hi guys,
My folks have substantial equity in their portfolio and want to loan me enough money so that I can avoid PMI. Is this legal? Can they give me a second mortgage? What are the tax implications?
Thanks!
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Kind of want to see if this is possible or absolutely not (I'm thinking not but just curious what others think). So my parents are doing a 1031 on their old property to buya new one. My brother and I would like to be ...
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Need some perspective on insurance coverage as I'm unsure of the advice I'm getting from my insurance agent and lawyer.We currently have 4 properties in their own respective LLC rolling up to a parent LLC. This is in...
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Dear all!Hope your tax season going well.I am using TurboTax Self-Employed online to file my day job's W-2 and rental business taxes. I manage my properties through single member LLC.When I am at the Schedule C the lo...
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My Co-worker's parents have about 12 acres South West of Farmington CT. In recent years the area surrounding their house has quickly been developed. A couple of the developers have been Assisted Living Facilities.He...
I'm Pierre. Im 24 with a BA in FinanceI actually have not gotten a job in my field but went into soccer coaching for which is something I'm passionate about, I would just rather do that as a hobby rather than a means ...
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Hi everyone! We are really excited our 1st investment property, a vacation rental in Ocean City, Maryland, is going so well this year we will have a chunk of change to put into a second investment property this fall/w...