Lubasha White
Lis Pendens from nowhere
Please anyone with experience of buying foreclosures could you help with advice in this situation?I bought SFH in March at foreclosure auction and got certificate of title on this property. Several days ago I started ...
Uendy Garcia
Would you go through a flip for 30K or less before taxes?
Hi Everyone,
I am new in real estate, purchasing my very first investment property. My partner and I are under contract to buy a SFH in Fishtown, Pennsylvania. The house is build in 1875. The inspection showed mo...
Eric Norris
Are TIC'S a good ?
I don't have a clue about TIC, I had someone call me about them. So I figured I would Ask the experts.
Mete G.
Documentary Stamp Tax for transfers
Hi Everyone, I've been receiving conflicting messages about this even from legal advisors and I wanted to check if anybody had an experience in this I recently purchased a property in Florida under my name and the mor...
Michael Shaleesh
Own three 2 family properties...
I own three 2 family properties with no debt. They cash flow ~$1300 per unit and are worth ~600k ea. I live in one 3 bedroom and my mom lives in another 1 bedroom with unfinished basement. I want to make a move and am...
Justin C Huggins
Cash out Refinance of property in LLC?
I have a rental property in the St Louis area, Illinois side that is completely paid off and I want to refinance cash out (25K). This home is owned in an LLC, so I have contacted a couple local banks. The ones I hav...
Michael Seeker
Are business and/or REI books tax deductible?
I just shipped another nice chunk of change to Amazon's coffers and got to wondering if there might be an untapped tax advantage to the purchase (along with all of the others I made this past year).
If I ow...
Chad Lamb
Problem from tax deed purchase
I purchased a DEED at a tax sale. The lot description and GPS coordinates were wrong. Unfortunately, the lot I bought has someone else's house on 1/3 of my property.
My question is what are my legal rights with the ...
Joseph M.
Turnkey Properties in IL - Recommendations / Feedback On My Plan
I currently own 3 properties in NJ valued at about $460-480,000. I live in the primary, which will eventually be a rental and rent out two condos. One is worth $125-140K that rents for $1,600 and the other around $110...
Connie Sullinger
using a 1031 exchange
I am a homeowner and wondering if I can move out of my current home, rent it, and use a 1031 exchange to pay the current mortgage and home equity line of credit. Can anyone help with this question? Thanks.