Vanessa Castillo
Property is promising but listed as not for sale/off market
Hey all,
There's a property I've noticed that would be a great fixer upper! But the problem that I've across seems to be that the property is listed as not for sale/ off market. The windows are boarded up and I can r...
Cheryl C.
Tax Question: Charitable donation to fire dept. if house was going to be torn down anyway?
Years ago, I read that you could donate a house (structure only) to the fire department to practice on, wrecking it in the process. The charitable donation was the value of the structure. I believe that I read that ...
Sheri Ulm
Transferring an Ohio deed after divorce
I wasn't sure where to post this question so I hope I'm in the right forum.I live in CA and have 2 rental homes in Ohio that I purchased while married to my ex husband. Both our names are on the deeds. In our martial...
Mitchel Johnson
College Senior Getting Into Multifamily properties
Posted this on the Multifamily section, but realized after I should post it here.I am a current Senior at the Catholic University of America playing Baseball and finishing up my accounting degree. I will start work w...
Michael Plaks
Update on the current pathetic condition of the IRS
Sobering assessment from the annual report by the Taxpayer Advocate Service (a semi-independent branch of the IRS basically tasked with specific and systemic problem resolution):- 10-month refund delays on paper-filed...
Michael Plaks
GRAY area alert: deducting real estate education
This question is very common and sounds very straightforward: as an investor, can I deduct my real estate education? Warning: you will not get clear answers from this post. Instead, you will likely get confused. Welco...
Daniel Miller
How to sell a house?
This *may* be off-topic here, it certainly isn't what people ask about on this forum!! Feel free to move it if there is a more-appropriate group for it.I'm in California, and I've been renting dad's house out to this...
Timothy Douglas
Off-Market Commercial properties
Hey guys, is there a free way to find expired listings? I couldn't find it on Loopnet and figured I would ask for help instead of spending hours getting nowhere. In addition to expired listings, how does everybody go ...
Pierce Lovesee
Electronic Leases in Oklahoma
So, I hate clutter. The only thing I hate more than generic clutter, is paper clutter... so I became a landlord, since that obviously meant I wouldn’t have to deal with paper. I own a couple rentals in Oklahoma City,...
Brett D.
Newbie's first offer in Santa Clarita (Los Angeles), CA
$489,000 purchase price$10,000 face lift$1698 mortgage (25% down and a 3.75% rate at 30 years)$307 taxes$175 insurance$175 HOA$118 vacancy$29 maintenance$59 CapEx$2561 total expenses$2950 rentDoes this seem out of lin...