Now with the new laws going into effect as of april 5th that real estate agents must handle all short sales, but under what conditions, this is not clear to me.
Questions:
1) can investors under the new HAFA and HAM...
Does anyone know the tax implications when selling your own investment property when you are a real estate agent? I always thought it was just long term capital gains but I was told recently that since my wife and I ...
Are auctions a good way to begin finding properties to flip?
I just bought my first investment property and the home came fully furnished. I ended up selling and getting rid of quite a few things, but theres still enough items in the home to consider it furnished. What is every...
Hi all, I am considering the following strategy for a house hack in Old Town Alexandria. I am looking for a property with a walkout basement and I would rent out the basement as a STR. From what I’ve read on BP, the c...
Hello everyone! I am looking for any recommendations to lenders that do not require or have a very short seasoning period for rental properties. that service the Cincinnati area. Any help is greatly appreciated.Also, ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $560,000
Cash invested: $45,000
Sale price: $560,000
Through my network, I located a distressed property...
Trying to figure a way in which one could essentially have less than a 50% operating expense. With the 50% rule is it true to say that every year you have your property you will incur 50% in expenses? Im thinking that...
Can I use my IRAs to start my real estate business and is there a way to avoid the taxing of the IRAs
Hi everyone, just wanted share another short sale story (maybe I should say saga, lol). This is for my personal residency and not an investment property.
First I am sure many of you are aware that OneWest Bank has t...