John Chan
Local Real Estate Company
There's this local real estate company that owns about 100 units around this area. Everytime I check out how much they paid for a property in their porfolio on the county auditor's office, it always says $0 sale amoun...
Mark Updegraff
Paul Ryan - Hiding Spending doesn't reduce spending - youtube link
I love this guy! Watch him tell Obama what's up!!
http://www.youtube.com/watch?v=zPxMZ1WdINs
Brittany Snyder
First-Time Landlords: Good Deal or No?
My husband and I found a 2 bedroom 1 bath home for $21,900 for sale by owner. The current tenant has lived there for 6 years and is never late on rent. Rent per month is $350, which is really low, in my opinion. It’s ...
Patrick Winn
Owner Financing Terms
Hello everyone!
I have the opportunity to discuss owner financing terms on a commercial "flex" use, 4,000 sq ft, $565k property.
I am seeking advice on financing terms that would be favorable to all parties, but I...
Timothy Yen
Old 401k - cash out of SDIRA?
Want to tap into my 401k to become an active investor. Goal is cash-our refi (brrrr)...Understand pulling cash out of old 401k will mean paying taxes on it and potential early withdrawal fee - which I will fight tooth...
Camden Orologio
Certificate of Occupancy Issue. Help!
Hello everyone, hope all is well. I am currently selling a home for a client and have ran into an issue. With COVID delaying many normal processes the procedure of getting a FOIL has been greatly delayed in NY. The ho...
Raif Harris
1031 Exchange a Wholesale
I have a question for the wholesalers out there. If you technically have a property under contract during a wholesale deal, why can't you use a 1031 exchange and put your profits right into another property without pa...
Pratish SHah
Property tax deduction
I bought my primary residence in June 2017. On July 1 2020, I will rent it out for the first time. In our county , I pay 2019 property taxes in 2020. The next half year taxes that I have to pay will be in July 2020 at...
Hai Lai
Duplex zoned for R2 but Assesors site shows as a single family.
Hi, I'm interested in purchasing a rental property that is a duplex property with 2 homes on one lot and zoned for R2 with 2 addresses, 2 gas meters, and 2 electrical meters but the assessors site shows it as a single...
Jerry Johnson
HELOC & future Flips
Question:When Getting a HELOC, and using The HeLOC to invest in other properties, more so Flipping. Will I still be Taxed if I flip a house and use that Flip money to pay the HELOC back ?Example, I buy3 few properti...