Under contract for additional property next to primary residence. 3 lots, sub-dividable, 2 miles from Interstate, 20 minutes from ocean, but in the quiet woods. Looking for ideas how to turn positive ROI on this lan...
My wife just found out that she may be the heir to a property of a relative that died serval years ago. She, and 3 other family members may split the ownership of the property. My question is - if the property was sol...
Hey I was wondering what people's thoughts were on flipping houses under one LLC. I know in rentals most people set up a separate LLC for each property to minimize liability, but for flipping houses, since it's so sho...
My kids have lived in their house for a year and are now looking to sell. I thought if they put the profit of their current home rolled over into their next, more expensive home, they wouldn't have to pay taxes. ...
Hi,I'm looking to start real estate investing in the next couple months and I was curious if there's anyway that I can go to lowes or home depot and not be charged sales? I didn't know if I had to apply for vendor's l...
What are peoples take on setting up a corporation or something along those lines for their investments? Up to this point we have done it through our personal accounts. Are there any benefits to setting up a corporatio...
Inventory has been pretty scarce the last few months for the type of properties I usually buy as rentals so I figured I'd take a shot at the tax deed auction. There were 3 I was going for and I was able to land one o...
I've been looking at picking up houses through the auction sites (Hubzu, Auction.com, etc) and I know that as the buyer I will be responsible for closing costs. But if I'm using private money to fund it as a "cash dea...
What is a reasonable discount to expect when paying a contractor in cash at their request? (yes they are licensed and insured)
Hi. I am trying to find out if I can include closing costs I am paying on behalf of the buyer in my capital gains calculation. They want to increase the price they are paying for the home and have me pay their closi...