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Results (10000)
Travis Smith Using real estate for tax purposes only
1 January 2025 | 5 replies

Age 56 and retiring from farming and I’ve been very good at avoiding income taxes with depreciation and business expenses.  But I will have over a million in pure gross income coming in 25.  Plus I may also sell some ...

Jason Pelch When do we talk with all the suits?
13 May 2016 | 23 replies

Here is a bit of background: A friend of mine and I have teamed up and are diving into real estate. Neither of us have any substantial cash on hand but we both have good jobs and good credit. We’ve teamed up because...

Joseph Montes Did I overpay on my closing costs?
10 December 2013 | 41 replies

In June, I bought a 3 bedroom/1 bath SFH in Lansing, MI on short sale for $20,000 that I am now renting. I was able to find conventional financing from a bank, getting a 30-year loan at 4.79%. I'm currently gearin...

Jim Murphy Tenant Screening- Limited Credit History at 50 years old?..
3 May 2019 | 13 replies

I recently posted a listing for a unit in my 2-family which has had a lot of traction. An overwhelming amount of inquiries flooded through my inbox in the passed week. I tried to narrow it down to only a handful of pe...

Terri Ashmore Looking for a stated income lone on a multi family home in Indy
3 August 2018 | 2 replies

I have a client that has a great credit score and several assets looking to buy a duplex. They just started their own business and can’t get a traditional loan. Any recommendations?

John Thedford Problems With conventus LLC and shellpoint --I need a lawyer
22 October 2021 | 1 reply

Continue problems! Going on almost a year. They have screwed everything up. Improperly reported to the IRS bad tax information. So far, the servicer shellpoint has messed up everything, failed to credit me, bought ins...

Brian Whittington Refi
31 October 2016 | 2 replies

Hello I own 16 rental properties that I have been collecting for the past 6 years. I was wondering if anybody knew of any banks or portfolio lenders that would help me refi these properties under one loan and pull the...

Tyler Santos what does this mean: Homestead Market Value Exclusion: $28,195
29 November 2019 | 1 reply

New to this stuff. Can someone explain to me what this means in layman's terms? I understand there is both homestead market value exclusions and market value credits. What does this mean to someone like me looking at ...

Juliane Calboli Lower price or credit towards settlement?
9 November 2020 | 0 replies

Agreement of Sale is signed. After home inspection we negotiated 2K in our favor. What could be the benefits in either lowering the buying price (and adding addendum to aos) or putting it as credit towards settlement ...

Account Closed Tax on commission when buying own home
23 June 2023 | 1 reply

I have a sizeable commission from buying my own home in california. Can this commission be written off for taxes if I am a licensed realtor?