Greg P.
Question for Flippers - Taxes
Hello, I am wondering how many of you save on taxes. I met with a accountant and he is saying over 250k a year is at a income bracket of around 33% plus there is state tax and social security, etc. Sound like a lot ...
James Wise
FHA Disparate-Impact Liability Upheld
FHA Disparate-Impact Liability Upheld Read the full decision: Texas Dep't of Hous. & Cmty. Affairs v. Inclusive Communities Project, Inc., No. 13-1371, 2015 WL 2473449 (U.S. June 25, 2015)In a much anticipate...
Jack Gerstein
13 Ten Mile dr vacant land
Investment Info:
Industrial commercial investment investment.
Purchase price: $239,000
Cash invested: $50,000
Sale price: $349,000
bad investment, held too long, HOA and taxes do not stop. The ma...
Evan Bambrick
Refinance my LLC properties? HELP!
I have several properties held in an LLC I'd like to cash-out refinance. I can't go conventional or I'll exceed my allotted 10 properties/name. Is there a cash-out refi product built for SFH being held in an LLC? Havi...
Mike Nelson
HUD homes from County records,
Is there any way to find out when certain properties held by HUD will be put out to bid on the HUD homestore? By this I mean being able to locate properties currently held by HUD and doing the homework before they ar...
Joey Palmer
HELOC / Line of Credit (non-owner occupied)
Hi guys/gals,
Does anyone in the Greater Cincinnati area know of any bank that offers HELOC or some type of line of credit on non-owner occupied investment properties? I used Huntington for (1), but they only let yo...
Janna Afanasjeva
Tenant-friendly county: tenant refuses to accept charges to security deposit
Husband and I have been renting 1 property for the past 3 years (and learning a lot from the experience). The property is located in Cook County Illinois (Chicago suburbs), and we have issues with the most recent tena...
Kevin Lewis
Avoiding capital gains tax
I took out some equity on one of my investment properties in 2015 and I am buying another investment property in 2016. Can I do a 1031 exchange for this transaction and, if so, can I defer the capital gains tax?
Numan Seinfield
Is it worth it to get a brokers license for my own investing/flipping?
I’ve been researching this and need some experienced help
I am thinking of getting a broker license for my own investing/flipping. I’ve taken all of the salespersons classes, but have been reluctant to get the salespe...
Fred Jury
Basement Egress Liability
Hello All! Looking at a single family home rental property in Columbus, OH. The property already has a long term tenant. However, they are using the basement rooms as bedrooms with out egress windows. I have found ple...