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Im hearing that I have to use a 1031 exchange agent to handle the money inbetween sale and purchase of the next property. Im hearing $1k+ to handle the process. I'm in TX. Does anyone know anything about this and is i...
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Does someone know the correct (legal) terms to add to a rental lease regarding the use of marijuana now that it is legal in Colorado. Is it simply indicated as "no animals, no children, no smoking, etc. ??
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I'll make this as brief as possible. I purchased a waterfront investment lot for $300,000 in 2006. It was part of a 1031 exchange. It is now worth $90,000. There are plenty of comps and the bank's appraisal was $90...
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Howdy yall!!
I have a few questions regarding being a landlord as I will soon be doing my first rental here in Austin.
1) What site do you use to run credit/background/eviction checks? I understand ...
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In the scenario where a home is unequally left to several decedents and there is a mortgage. Is the
mortgage satisfied FIRST from the net proceeds before the proceeds are distribute...
Hello,
I am gearing up to purchase my first deal--a duplex.
I am going to be owner occupying the property (living in one unit and renting the other) so I can obtain FHA financing.
I have been on the search for a go...
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Looking for a CPA or accountants advice about the tax implications of fixing and flipping a single family home. When I resell the home do I just pay standard income tax or do I pay capital gains tax as well? Can I ded...
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I know someone who wants out of his house without dealing with a sale or foreclosure. He is considering sub2 (i.e. signing the house over to me and I take over the mortgage). One rent comp is $1350 for the exact s...
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I have found a home that just went vacant. I looked at the tax records and it shows its owned by Fannie Mae (federal national mort. assn). It is not listed on the homepath site or the freddie mac site.
Does anyone ...
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How do you determine this or how would you find this out?