Had an investor approach our company this morning on wanting us to buy their land contracts. He came in and showed us the thick packets of paperwork that showed all their due diligence on the deals and a red flag hit ...
I'm looking to purchase a 3-family investment property but the previous owner (not the one selling it now) received state tax credits (in 2000) to complete a rehab. Now the property can only be sold to an owner occupa...
Hi!
My husband and I have been self employed, living abroad, but we've been looking to come back to the states and purchase our first property. Being self employed, despite having decent income our tax returns show ...
I am going to sell my home in Haslet this summer. As a result my long time tenant is starting to look for a new house to lease or owner finance. She's telling me that because of a tax lien as a result of a 2008 divo...
I need some input on my current situation.
I got back $570K from the employee retention tax credit which I am allowed to spend however i'd like. There are a few ways to qualify and even though I consulted two attorn...
Hello. If I use a line of credit for a down payment on a apartment complex when i buy it and start getting cash flow and i use some of the cash to repay the line of credit what tax issues would i face?? Feedback is ap...
Solved
Want to pay ZERO taxes next year? If you own real estate or are building a portfolio, there’s a good chance that you can legally keep your profits away from Uncle Sam. But you’ll need one thing before you can do so. O...
Here's my scenario. I have a construction loan for a rehab project for primary residence. The project has gotten behind on schedule, but we are still pushing forward. Main reason being, is that the city (The city i...
I have someone who is looking to purchase a rehab property as owner occupant. Can the buyer get the $8000 credit for purchasing the property with a hard money loan to rehab as a first time homebuyer?