I have to start by saying I bought a house with my mom - she passed and I own 77 percent now through a testementary trust. My siblings are contesting and refusing to help with any costs. I had a renter and her fami...
I was wondering for the purpose of starting out, if the premise of this strategy would work. I would like to get into Note Investing. So I was thinking, could I as an individual take financing from my own LLC to buy...
Hi Everyone,I just purchased a foreclosed property in Camden County, New Jersey on Hubzu late last month. The property needs lots of updates but is otherwise in very good condition. As you can imagine the property was...
I had some cash saved for investing in property, and then the perfect home came along. However, they won't wait for me to sell my current home to use as a down payment on the second home.
If I use the cash I've saved...
Hi;
My question is about who's liable for TI on a deal-gone-bad:
If a property is taken over subject to existing financing, and the new owner walks away from it, isn't he liable for the TI (taxes & insurance)? O...
So my mother is selling a home out of state to a wholesaler. I'm very new to lease option contracts. The contract has this verbiage:
CONTRACT FOR PURCHASE & SALE OF REAL PROPERTY. In the event that the
...
Again, how does a cash buyer's name can show on several properties in the MLS; yet not in the county records?
Thank you!
Hi, I have a property A (rental) and property B (primary residence). I am planning to buy a new primary residence C, rent out B, and sell A. However, selling A would mean paying taxes on capital gains. Is there a way ...
I own some small assisted living homes for the elderly. Is the principal reduction on my mortgages each month considered taxable income? And if so at what rate?
I just received my Real Estate Property Tax for 2019 and found that it jumped almost 60% from the previous year. I was told by the Tax Assessor office that the big increase was due to the fact that all of the mobile ...