Lindsey Simpson
Legal Description of Property (not to be used on legal documents)
I'm writing up a purchase contract in IN and I'm trying to find the legal description of the property, but I'm not sure if I'm looking in the correct places. I go to Beacon and NETR Online and the legal (tax) descript...
Brad Thomas
How do you document/establish the tax basis for your properties?
I bought my 9th property (a five-unit apt building) about a year and a half ago. All of my previous properties were basically self-sustaining after I put in the initial contribution for purchase. So all bills were pai...
Kevin Stalbaum
What is the proper documentation for private funding for a flip?
I will be purchasing my 4th flip and for this project it's my first time borrowing funding. Purchase price is $150k of which I'll be borrowing $100k from a friends family member. What is the best legal agreement in...
Steve S.
How to document transition of a tenant to new landlord (me)?
I recently acquired a property that has a tenant in a long term lease that they just started. I couldn't find any obvious answers to this after some quick Binging so would like the BP perspective. I've emailed them ...
Jay Hinrichs
Missouri title companies do not recognize land trust as legal documents
Hey all you land trust junkies I just got an e mail from a title company in MO that closed a deal a few years ago and the buyer put it in a land trust they are trying to sell .. but the title company wont insure it as...
Chip Brault
What Documents Needed & How Do I Tie Up This Property?
Hello,
Can someone with experience help me out?? I have a situation.
So- I have a small home that the owner is wanting to sell on lease option terms for only $200 a month. I want to tie this property up, and do reh...
Kyle Grimm
Can I import data from spreadsheet into my word document mailer?
Here's the situation..I'm writing a professional letter that I can save as a template with my business letterhead explaining I am investor interested in their house. I'm wondering if I can somehow import the owners n...
Sanjay Gupta
What documents do I need to put our rehab money in project
Hi,We want to put rehab money to fixup property which is owned by owner ( not us). We will put our rehab money and fixup property. So what documents do we need so that we get our money back when property gets sold?Re...
Jerome Cole
What documents do I need to ask for on a multi-family?
What documents do I need to to ask for on a multi-family property in order to "run the numbers?"
Animesh Das
Documents needed for ”2 out of 5 years” home sales tax exclusion
Hello,
I sold my condo last week. I lived in that condo from 2012-2017. So I satisfy the “2 out of 5 years” rule that allows the home sales profit from capital gains tax exclusion.
I was wondering what documents do ...