Calvin L.
How to swap ownership with a sibling?
Hi I own two properties of roughly equal value with my sibling. Each of us own 50% / 50% of each property. What's the best way to swap ownership so that in the end each of us own 100% of one of the propertys? Is there...
Greg P.
Would you buy this house? - Foundation Issues
Hello, there is a property I'm looking to purchase that has a foundation / slanting issue. The estimates for repair would require 20 piers, and hydraulic lifting and cost around $30k to fix.
Here are the numbers -...
David Seale
Getting Around Tax Implcations From $50k Gift?
I've tapped into a family member for funding. It's my understanding that anything over $15,000 is taxable. Since 50>15, how can my donor avoid being taxed on this "gift".
Michael Leung
Once in a lifetime deal...the kind you hear about on TV
So my partners are into your third year of flipping houses. We did 12 homes last year and have done very well for ourselfs in a very competitive market, Tucson AZ. We focus almost entirely on buying at trustee sales,...
Marisa Alvarez
Changing Windows are the big stores too expensive ?
I need to change windows in a 2 bedroom Condo.Just have 1 bid from one of the 2 big stores (HD and LW ). 3 windows, Florida requirements hurricane etc.. 6.000 😱😱😱😱😱 They say they are the only ones who can offer double...
Mark Miles
Surplus of freelancers not seen in hundreds of years!
I recently posted a job on Upwork for some web site work I needed help with. I checked back an hour later and there were 30 applicants. THIRTY!!! In 1 hour! From all over the globe! Many were as asking as little as $3...
Eric Schmid
Hard Money - What's Great, What's Not?
Hi Everybody,I am looking to hear thoughts on these hard money lending numbers. I'm located in the Midwest, but would also be interested in hearing numbers for other regions as well.All of the below products have a ma...
Nghi Le
Best Way to Gift Property to Family to Avoid Taxes
My brother-in-law has a primary residence (with no mortgage) that he may want to sell to us in the future (and we want to rent it out or do AirBnB). However, we want to minimize taxes for him and for us. Currently h...
Jonathan Pflueger
Down Payment as a Gift and Tax Consequences for California
BP, A family member of mine is willing to gift me $200,000 for the down payment on a owner occupied, conventional loan investment property that I will occupy. The property is located in California and the money is con...
Ben Sears
Advice on Evaluating Several Loan Products
We have a small LLC that began flipping houses almost 10 years ago. We're now evolving into the buy and hold market and I would like some help evaluating some different loan products that I've been offered by some of ...