I would welcome some insight from this professionals on this.My mother owns a home in brooklyn NY, and is about to retire next year. I am contemplating selling the home and using the proceeds for a 1031 exchange where...
Hello everyone, I'm looking into buying and holding real estate. I'm currently 19 years old, I am partnered up with someone and we are planning to buy and hold by either the end of this year or the beginning of next. ...
Hello friends,
As I get closer to buying my first rental unit, I am thinking more about taxes. I know depreciation can be used to offset rental income. I have a few questions about what the government considers incom...
I have a property i am considering purchasing to do a renovation but the property has a lease agreement until June of 2013. I had heard that a landlord can give 60 days notice at any point and can take back possession...
A friend of mine wants to sell her house using a lease option and she has a couple of questions. I told her what I knew and tried to answer these questions but having no direct experience, just know what i've seen on...
I have a contract on a house. Buyer asked for 30 days. Being my first contract, I did not know that I had to ask the lender if this was possible - so I said yes. Mortgage Co said they are trying to speed it along [...
The deal is a probate situation where the daughter has inherited the property from her mother. Upon inheriting the property the home was already delinquent by 12 months with a $70,000 balance. She says that she was...
Why are foreigners investing their money in the US vs their respective countries? Do they not get as good of returns, tax incentives, or what is motivating this?