I'm about to do a 2nd and 3rd mailing to some short sale prospects. Looking up some current info, I see a good portion of their sale dates are being postponed, sometimes by one month and often times by two to three we...
I am interested in purchasing the home of an elderly couple who wants to sell. They have owned the home for a long time and have seen 10x appreciation. This is their personal home. In the event they owner finance, ...
I'm interested in doing a 1031 exchange out of a couple SFRs and plan to use 100% of the proceeds to purchase a 50% TIC interest in a larger commercial deal that will have a mortgage. The SFRs are free & clear. ...
Hi all, 4 people (Myself, my girlfriend, girlfriend's sister and her boyfriend) just completed a flip that will go up for sale this week. Do you have any guidance on how taxes would work in this situation?My girlfrien...
Doing FSBO on a residential property, sales price less than 160K Which is better for me, as seller, to use, this agreement, or, the Letter of intent to Purchase in the next post? What needs improved, and how? What's m...
Can the proceeds from a land sale owned by an LLC with multiple owners be different than the ownership percentages? For example if one person owns 25% under what conditions could this person be given 30% of the sale...
My father, who is nearing 80yrs and in reasonably good health, wants to sell 52 acres of farmland. It was purchased 45 years ago @ $250/acre and is now worth $5,000/acre. He's interested in providing seller financi...
I've got a seller that is willing to finance about half of the down payment for a property that i'd like to purchase by holding some of the equity back in the sale of the property. I wasn't certain on the tax implica...
Hello,If I own 25% of a house that has $1,500,000 capital gains (i.e. bought for $500,000, sold for $1,500,000, my portion of the gains is $375,000), how does the home sale tax exclusion work? Does the $500,000 exclus...
Replacing fence and found out that portion of fenced in yard is still in previous owners name. Property bought 10 years ago in Allegheny County PA, as a cash foreclosure. Property is 2 tax lots and since previous own...