Jonathan Sammarco
Taxes on sale (again)
I need clarification of the tax expense related to a sale of a property that was my primary residence. Let’s say I make $100k on a sale of my primary residents. Profit. This is after including all cost associated with...
Jim Hern
Insurance for a 1959 duplex in Broward Co, Florida
Advice please....
I bought a duplex that needed a new flat roof (it was fine but was 18 years old), electrical panel changeout, and hurricane protection. I was able to get a homeowners policy for $5500 for a year wit...
Michael O'Byrne
Short sale bid process
I am currently working with a realtor to submit an offer on a short sale. The realtor said that the bank is only considering one offer at a time, and that my bid won't be considered unless the offers submitted before...
Kristen Harding
seller financing
How does seller financing work when realtors are involved? How do they get paid?
Suhas Madappa
Den to Room conversion - Scottsdale
WE are doing a den to Room conversion in North Scottsdale, In this regard do we need permit from City of Scottsdale ? If so or if you have worked with permits, please provide more details on cost & time line.
Scott Passman
Insurance underwriting review
I just received a notification from my rental property insurance that an underwriting review was performed and listed several items "suggested" to address. If I don't certify that I have corrected all of the stated it...
Chris V.
Which Type of Rental Property Insurance?
I am hunting for insurance for my first two duplexes!After reading several forums posts and BP blog posts, I see that the main two methods people talk about are the Actual Cash Value and the Replacement Cost.I'm a USA...
Account Closed
Mortgage interest deduction going away?
There are several tax deductions that greatly benefit investors. These are depreciation and the mortgage interest deduction. There is now some talk of eliminating the mortgage interest deduction. Probably nothing w...
Shera Gregory
Allowed? Real estate agent commission for SDIRA purchase
I am pretty sure this not allowed, but it's worth quite a bit of money so I'll ask. I have my real estate license and I want to buy a property on the MLS for my self-directed retirement account. I assume that I cannot...
Arman Mokhlesi
College Student at Boulder Setting Lease Agreement While Living In House
Hi Everybody,I'm currently a Freshman at the University of Colorado Boulder and I am looking at closing on a house next week. I am planning on living in the house next year and renting out the other rooms (3 bed 2 bat...