Maryann Fialdini
Seller signed Warranty Deed over to buyer so tax foreclosure stopped
Unique situation - need advice. Seller was facing imminent foreclosure due to unpaid property taxes. She signed a purchase contract for $75K with closing within 30 days. Title company started title search and while...
Kevin Hobbs
Using a Land contract on sale of 4-plex
I want to sell a 4 unit Rental in Decatur GA for about 1.2 million. I have a 470k 1st mortgage at 2.5%. gross rents are 84k/year -20k (taxes insurance, maintenance) = 64k net income.
If i sell it for cash I wil...
Tanya Maslach
Using an IRA for downpayment funds?
This may not be a "creative RE Financing" topic - so please forgive me!I'm just starting out to build my portfolio -- (I have a SFH that is LT rental and have done that kind of thing for years...but moving on into mo...
Sara Klaus
LLC - "Doing Business in California"
We are purchasing our second investment property in Hawaii. Our first property in Hawaii is owned by "Property 1 LLC," which was formed in Hawaii. This is a multi-member LLC. We live in California, and self-managed th...
Matthew J. T.
How do you file Taxes as a wholesaler?
Do you just print copies of the checks you made and keep them as your stubs, and save them come tax time and take them to H&R block, or how exactly do you do it?
Ronald Black
California LLC Franchise Taxes
Is there a way to change title to a property out of an LLC to avoid paying the California Franchise Tax. Someone said putting into a trust might work. Any ideas?
Kevin D Key
Cash out Refinance of Rental Property to give to Son
I am a retired 63-year-old military veteran considering giving a rental property to my only son, a 22-year-old senior in college. The rental home in San Antonio, TX is completely paid for and has a market value of abo...
Donald Lowe
Alabama tax deed information
I'm in the process of buying a tax deed to a vacant lot over the counter from the State. The lot was acquired by the state in 2016, so I'm assuming it will be a tax deed vs a certificate. The owner is deceased and the...
Timothy Frazier
Capital gains question for primary residence
My current home is a single family house in my name and with mortgage debt in my name in PA. I have lived in this property for several years and due to the appreciation in my area over that time as well as the upgrade...
Karen Bolyard
Capital Gains Question
Hello everyone,I recently purchased a SFR as an investment property and started rehab this week. Trying to decide whether to flip or rent. I had originally thought I would rent for year and do a 1031 to avoid cap ga...