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Results (10000)
Joe Szymczyk 1031 money for next house...can I buy owner occupy
1 April 2019 | 10 replies

if I have money in a 1031...can I use that to buy owner occupy property and get owner occupy interest rate from new mortgage company?

Patrick Perez Need Advice on Appreciating Unit with Negative Cash Flow
23 June 2019 | 11 replies

Greetings BPers,I have another post outlining my decision to sell my 2/2 condo. A majority of BPers said sell and get another property (in short it was not cash flowing as much as I expected and a few water leaks last...

Joey English What’s going on at the foreclosure auctions?
4 October 2016 | 8 replies

What’s going on at the foreclosure auctions?In Georgia, foreclosure auctions happen the first Tuesday of ever month on the courthouse steps between 10am and 4pm in each county. In order for a lender to foreclose on a ...

Eric Doud Capital gains tax
16 September 2014 | 9 replies

several years ago my parent build a cabin in Montana that they estimate is worth and would sell for 750,000 to 800,000. This is there primary residence, and are married so they would be able to keep the first 500,000 ...

Tim Chiu Security Deposit / Last Month Rent did not transfer at closing
14 October 2018 | 4 replies

Hello,

Does anyone have experience where some transfer funds were missed since it was not captured in the rent roll provided by seller?

The specific situation is that an inherited tenant moved out at the end of thei...

Michael J Scanlon Chicago Real Estate Deal Breakdown
16 January 2021 | 7 replies

Last week I broke down a deal for an investor of mine in the Chicago area so I wanted to break down another. Investor was buying a 3 unit. List price $199,900. Rental income $2500 ($1000/800/700).After back and forth...

Greg Todrank Repair concessions after inspection
14 May 2020 | 4 replies

I am working on closing a duplex (my first). The seller has made $5000 in repair concessions after the inspection.
I would still like to finance the full amount ($98K), so I have ready funding.  Should I figure out ...

Account Closed Will a Real estate Investor pay 16k in Taxes owed on a Home?
13 December 2020 | 2 replies

Will a real estate investor Pay around 16k in Taxes ? Selling Price 50k , ARV of 136k Sqft of home 996

Carl Fischer Is the ESA/ Coverdell still available?
28 December 2017 | 0 replies

I have heard conflicting reports. Does anyone know if the ESA/Coverdell was removed from the new tax bill and will still be valid in 2018? From what I understand, it looks like the senate revised the tax bill to make ...

Robert D. If you were me....
21 February 2012 | 13 replies

Soo... I hate to resort to this type of question but I have read and read and read and read and then Ive read some more on the subject and in fact am still reading on LLC & CORP with their different tax designatio...