I am rehabbing my first income property which requires a new roof and new siding. The contractors quote seems reasonable and the expected time to complete the work does as well, but some of the clauses in the contract...

;Hi guys,A house that we owned for over 40 years (original price 80k) now is worth 3.5m....we wanna sell and buy in a neighborhood close by.... But we found out that we will get taxed 32% capital gains on the sale. Th...

Hello,Over the past 2 years I bought three mobile home parks, and to make a long story short I was able to sell one but got stuck with 2 that were condemned. We ended up tearing down all of the homes and rezoning one ...

Hello, My spouse and I are researching buying and selling affordable mobile homes. We live in Covington, Louisiana. We called the Louisiana Manufactured Housing Commission and from what I understand, we need a RETAILE...

with house prices dropping dramatically Im just curious as to what happens with a mortgage that is worth much more than the houses purchase price once you sell it? the buyer pays off part of your old mortgage but is t...

I'll be doing 2 owner finance, single family, home sales this year (in my own name). But any future owner finance deals will be in my LLC.  Should I be worried about getting tagged a dealer?  I'm in Texas and so are ...

If you build a new house, and rent it out with a 1 to 1.5 year lease, and the buyer is renting to own, but the sale takes place after the lease ends, is this treated as income or as a capital gain?  Would the rental p...

Howdy everyone.I am very interested in purchasing mobile homes for cash and owner financing them to buyers. But I have a few questions first.How does a mobile home sale work? Is it more like a sale of a car or like a ...

Hello all,I have been reading a lot about Capital Gains, but have been unable to find a topic that fits my current strategy.My wife and I are on our 3rd primary residence fix & flip.  We held our 1st property for ...

I have house hacked a few times now where we buy a foreclosure, renovate, then sell a house at the two year mark so taxes have not been an issue. We now want to flip a house on the side, outside of our primary residen...