Brooke Villanyi
Mortgage Occupancy Fraud for not being home?
Hi all, was hoping to get some clarification because i can't seem to find info anywhere about my specific issue. I have a mortgage that requires one of my units to be my primary residence. I work far across town, and...
Maher Bateh
capital gains tax?
If I buy and sell houses(flip) as a full time job, do I pay capital gains taxes? I read somewhere if it can be proven as a full time commitment and its the only source of income I make, the capital gains taxes are inc...
Alex Aronson
8 mortgage limit from Fannie MAE/MAC
At my local REIA meeting, there was a sentiment from the more veteran players (particularly the mortgage brokers) that Fannie MAE/MAC will change mortgage allowance from 4 to 8 soon to help relief the number of forecl...
Greg Ford
Can I use 100% Bonus Depreciation as alternative to 1031 Exchange
Need some help with tax math here. Wondering if this is a viable alternate strategy to a 1031 exchange? Here are the specifics:I'm getting ready to sell a rental property (Property A) for about $6.5M next month ...
Veronica Mitchell
Next gentrifying neighborhoods in and around Chicago MultiUnit
I'm looking to see what are some of the multi-unit in and around Chicago area to buy in?
Cary F.
Donald Trump & Real Estate Investing
I'm interested to hear what investors think about Donald Trump as President as it pertains to real estate investing. Here's some of the things I'm thinking about:Demand for Rent: Presidential elections do not change t...
Steve Sun
Best city/area to in buy and hold for cash flow in the U.S.
Hi there,Asking such a big question: I'm trying to get my first deal done, and still trying to narrow down which city/area I should be looking at.I'm a first time investor, I live in San Jose, CA, but I'm inclined to ...
Andrew Syrios
Evaluating Kamala Harris’s Proposals For the Real Estate Industry
Kamala Harris announced her plan for the economy, which includes many incentives and disincentives for the real estate industry. Many of her points are actually designed to stimulate the real estate industry, which co...
Dick Green
Communism
Communism - short definition: a political, social, and economic system in which the state, governed by an elite party control production, labor, distribution, and largely, the social and cultural life and thought of ...
Tony C.
Bought REO with existing occupants who created fraudulent lease
Hi BP, I recently purchased a REO property in Georgia. The occupants who are currently living there I suspect are squatters. I've seen the house and it's a total mess. Police have frequented the property on many occas...