Hello, I'm asking for my in law. His selling a property in NC to buy another in IL and we'll like to know if the new property price should be based on the value of the house that's about $319k or on what he would keep...
I just got a quote back for a loan for a SFH in southeast Michigan. At $89k ask, there are $5,500 in closing costs ($1,500 of that is tax prorations) and then $2,100 in prepaids (insurance/taxes). The closing costs se...
I want to purchase an investment property on Long Island but I'm not sure of how much the closing costs are. Can someone tell me how to calculate them?
Hello, I have a question that maybe someone can shed some light on. I have heard that the new Trump administration might try and pass a law to get rid of the 27 1/2 years of depreciation on houses. Instead being able ...
I'm working with a company that deals in a tax liens and is looking to get a policy for its pipeline of foreclosed properties. The main concern is getting a $2-4M blanket liability policy in place to cover properties...
I member of my RIG group has a subject to deal that they would like to assign to someone else for $5k. How do I go about paying his assignment fee out of my retirement plan if I want the plan to take ownership of the ...
So I came across this house that is abandoned and Im trying to reach the owner. I spoke to the neighbors and they told me the owner died and the wife and family haven’t been to the house since which is the reason why ...
I am analyzing my first property to buy and would like to know how investors account for business expenses (CPA, accounting, legal, etc.) Should I account for these expenses from the reserves from each rental prop...
I just complete a legal zoom corporation application. Was this smart?
Interested to see how other investors are mentally and physically preparing for a reversal of 1031 exchanges. How are you altering your future estate plans if this goes through? Investors currently pay a 23.8% top ra...