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My lender wants me to increase my agreed upon (signed contract) offer by $11k. A little background.... I have a signed contract between me and Fannie May to CLOSE at the end of this month (Jan 2014) on an REO prop...
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Does anyone have any Idea when evictions will open up in Minnesota again?Ive heard that it may not be until 7/24 due to the cares act. I left a message at the county level but haven't heard back.I have a guy that move...
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Investment Info:
Townhouse other investment.
Purchase price: $236,000
Cash invested: $10,000
This October, I began renting out a property that I inherited from my mother, creating a steady cash flow ...
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Hello Tax pros,I am planning on executing a 1031 Exchange (simple one - no boot, same owner, etc.) using IPX 1031 sometime over next couple of months (already had call with IPX) and had a question relating to my taxe...
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Hello AllI am currently looking for experienced wholesalers in the greater Charlotte, NC area. Are their any good ones out there? Ready...Set...Go!ThanksChase
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Hi everyone,
I am having a challenge understanding requirements for qualifying PL as a business income as opposite to investment income. I have W2 job and just starting in real estate. I have LLC registered for...
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Hi BP Friends,
I'm just starting out and I have a question about where to start. First off, I live in Los Angeles where real estate is not cheap, in fact it's currently outrageous, but it's our home, we have family, ...
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For the most part, I think I understand the basic idea of a 1031 Exchange. Let's see: You sell one property, and to avoid paying cap gains tax, you then reinvest those profits within 45 days into a larger "like kind" ...
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Quickbooks Online Pro recently bumped the price to $99/month. My wife and I only have <5 properties we are self managing. The old adage would say to use Spreadsheet. However, we found receipt management (downloadin...
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Hi all,First post after a long time here, I am all over the place with ideas of how or what I should do. I think the reason is my lack of education and experience in this topic of investing. I do own a duplex, I start...