Sam Marcos
Sale of house fell through, what costs will Seller pay again
A buyer with FHA lending submits an offer. The offer is approved and the house is now under contract. In the mean time the seller pays for estoppel and title search, inspection, etc.. Then in the 48 hours before cl...
Chris Harrington
Texas or Washington - MFR Buy + Hold
Hello,I recently accepted a remote sales role and am planning to relocate out of Massachusetts to either Texas or Washington (based on a number of factors/analysis I did on the market, economy, taxes, etc). Given that...
Jazz Wilson
Owner has agreed to sale home; Non-paying tenants refuse to leave
I have a homeowner who has agreed to sell her home. Her son and daughter (who stay there but pay no rent) refuse to leave. What would be the best solution to this problem? I don't want to cause any family feuding that...
Jazz Wilson
Owner has agreed to sale home, Non-paying Tenants refuse to leave
I have a homeowner who has agreed to sell her home. Her son and daughter (who stay there but pay no rent) refuse to leave. What would be the best solution to this problem? I don't want to cause any family feuding that...
N/A N/A
On short sale do you have to pay back the missed payments?
Hi All,
When I evaluate the purchase price to be negotiated with lender for a short sale, if there are 15K in missed payments do I need to make sure I put that into my calculation?
i.e. loan amount 100K missed paym...
James Black
Will I have to pay capital gains tax on sale of property?
Hello everyone. I am about to sell a rental property that will result in 50k-75k in profit. The question I have, which I haven't been able to find a clear answer on, is will I have to pay the 15% tax on gains or 0%. M...
Christian Ferreira
Do you pay Capital Gains Tax on Sale of Sub-Divide Land
Hello Everyone,I recently purchased a property that has land with enough frontage on a side street to legally sub-divide into a build-able lot. Still deciding if I want to build something or just sell the lot. My ques...
Igor Balakhnin
Do you pay capitol gains tax on owner occupied duplex at sale?
Hi,as far i was aware this whole time when you owner occupy your duplex one side and rent the other for 2yrs and you sell it within 5yr period there is no capitol gains tax. Is that statement true? I'm getting a lot o...
Mara M.
1031 Tax exchange or use sale proceeds to pay off other rentals?
Hello. I need advice. I am selling one of my rentals that is wrapped in a note with 3 other properties. I can either use the proceeds to pay off the entire note or do a 1031 tax exchange. If I pay off my note, the...
Adam K.
When preparing for a short sale should you continue paying the mortgage?
My inlaws have a house that they moved out of 2 years ago. Our best guess at this point is that they are $20k underwater on it and they have no money to put towards selling it so it looks like they will list it with a...