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As a landlord are you required to accept section 8? I have read conflicting information on this. There isn't anything specific about it in my tenant laws either. One website says you must go through the processes to a...
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I am shopping around for loans, and recently checked my 3 Fico scores.
I was alarmed to see that my 3 scores were 698, 709 and 752.
I take great pride in paying everything on time, and having a good ...
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Hi all. I'm a bit confused on this issue as I read about depreciation recapture being taxed as "ordinary income" then I see mentions of a "flat 25% rate". I have a 3 part questions:- So will the rate depend on your ...
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Hey guys, I've been a full time real estate agent for several years now and up until this year that has always been my primary income. However this year I focused more time flipping properties than selling real estate...
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Can someone please explain the difference (if there is one) in a Net Listing vs wholesaling?My understanding of a Net Listing:Net Listing provision states that seller will receive a net amount of money (say 150k for t...
Hi all. Newb here! My wife and I purchased our first investment property in MI. It’s a small duplex in Hastings, MI. We closed last week and are going to talk to current tenants this afternoon. Curious if other memb...
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I have recently came across the following situation and was wondering if anyone had an input:A friend of mine owns a property that is being bought by a gas station chain. It's selling for about 900,000. My friend want...
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Can anyone recommend a good tax lien class or any kind of training (preferably online) that is not a gimmick or waste of money? Thanks for your help.
Tony
I haven't seen much discussed about property taxes, and maybe it's just a concern to me because of where I live. Cook/Will counties in Illinois of some of the highest property tax rates in the country, the property ta...
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I recently got a letter in the mail from the Florida Department of Business & Professional Regulation.
It stated that I has committed a 3rd degree felony because properties i had listed on sites like Hotpads &am...