My wife and I each have ~$100K in our Roth IRAs and we would like to explore individually buying turn key investment properties using a self-directed IRA; however, although I've read quite a bit about this investment ...
I have a lot under contract that the seller can not sell until July 10. Seller bought the lot last summer before things picked up, and now realizes he can make a small gain by selling on long term capital gains. He ...
Hello,Was wondering if there is a better option for purchasing a free and clear property from a seller. He is suggesting a land contract. I pay taxes and insurance and he holds the deed. Balloon payment in 5 years. 4....
I currently own three rental properties in my name, if I move the rentals in either a LLC or S-CORP would this help my personal debt to income?
Is a QuitClaim deed required in NYS when preparing a Living Trust?
Hello, my name is Tinah from MA and a newbie. Is there a timeline for an estoppel agreement to be completed? I am supposed to close on a property in 20 days and have asked my agent to obtain this letter, his response ...
Hello,My husband and his sister inherited 42% of an investment property in California in 2008 and the other 52% last year. They are planning to sell it this year and I believe it will be subject to capital gains tax o...
Can someone provide guidance on how to structure a Subject-to deal?Looks like the seller put zero down (VA) when they bought the property. There is probably a little appreciation but not much. If the deal is accepted,...
How much do you guys keep for reserves?
I am just starting out with a 4 family and a 3 family and am targeting to keep the following for EACH property:
Operating Account = 2 x monthly mortgage taxes an...
I would like to buy a small house when i transfer to my new college. EKU in the richmond kentucky area. Ill be 21 and im trying to save a down payment on a house no greater than $80,000. Then try and rent it out keppi...