I am almost finished rehabbing a property. The property is a very nice house I will have tons of equity but due to high tax area I really won’t be making anything on rent. The rental income will basically pay for u...
My Grandmother owns a home near Issaquah, Washington. She has owned it 50+ years and is now going to move into a care facility because of her health issues. She has rented out the home to family members for 1 year and...
I'm extremely new to the idea of using my current home as a rental...but thought it might be a great idea. I've had it listed to sell because I am planning on moving 3 hours away. I've had numerous looks...but no bite...
Purchased property in 2018 Q2, $50k downpayment; $200k loan; price was $249k
Right now I have 30 years fixed, 4.375% ARP ; $1533 / month as payment (p&i + tax incl) ; 225 HOA / m
Option 1: 30 years, 2.8% ARP; ...
The subject property is a 3/1, 1287 sqft, built in 1950, and needs 15k in repairs. Also, the owner owes 12k in back taxes. My initial offer was 18k, but they countered with 25k. I have a CMA attached, and all of t...
Wonder if anybody has experience with tax delinquent properties. The owner owes 37k and wants 45k for the property. Comps for recently sold homes are 45-60k . ARV is between 80-90k possibly more, home is estimated to ...
I have a couple of rental properties now that my son manages and I pay him for that, but not sure what the correct legal way to do that- do I send him a 1099 for work performed? We are also looking to expand with him ...
We are a real estate development company. We like buying off market properties because there is much less pressure of competing offers and timelines. We are a legitimate buyer (not like those people that want to pay y...
I'm considering selling a property to a family member below current market value. For the purpose of determining potential capital gains/losses, I need to establish a fair market value that will hold up to IRS standa...
Hello everyone,I have a foreign entity that owns a SFR and I also have a local entity. I have intentions of selling the property in the foreign entity and I want to do a 1031 exchange but ideally, I will like to trans...