Frances Regalado
Avoiding Probate
Good Evening,Scenario In California:You're named Executor of a Living Trust with a piece of real estate, which you find was refinanced multiple times and not put back into the name of the Trust. If you petition the co...
William Tong
What Happened? Slippery or inept RE Agent?
More a rhetorical question. But a story to remember ... for me at least. We had been following a house in a very nice part of Mt Pleasant for 4-5 months as the price declined from $800,000 to $695,000. Nice dock, f...
Jeff Caravalho
Solo 401k VS SD IRA
I read on another post that IRA custodians don't like solo 401k's because they don't get commission. Can someone explain to me the fees & services for a solo 401k vs a SD IRA. I'm self-employed & had someone...
Heather Horton
Florida Panhandle Rental - where is best location?
I have been visiting the Florida Panhandle (Destin, Sandestin, 30A, etc.) my whole life as we have family there and it is a good driveable distance for us to travel. Recently I've been thinking that if I'm going to i...
Kameron Patterson
If you could start anywhere...
I want to start off by saying this website has been exponentially helpful with any questions I have had and even questions I didn't know that I had. Thank you @Joshua Dorkin and @Brandon Turner for giving us this...
Benjamin Shaw
An SOS to BP. Please help us set our goals.
Thanks for taking a look at this post. If you make it through the wall of text that follows, and you have even the smallest insight to offer, I would so very much appreciate it.My wife and I are rapidly learning the w...
Mark Beekman
Flipping vacant residential lot -- What do I need?
I'm under contract for an REO residential lot that used to have a SFH on it. Apparently, the house was hit by a car and compromised its integrity so it was demolished.I'm looking at simply flipping the land and was wo...
Jasmine Anderson
Duplex house hack - is it worth it?
I am very close to putting in an offer on a duplex to house hack, but I'm wondering if I should follow through or continue to wait for something better. A few minor details: My fiance and I have been looking for a 1-4...
Derek Johnson
Possibly my FIRST rental!
Our offer was accepted on an REO property. It's a 3/2 with a detached 2 stall garage in a good location. It was listed at $65,000 after several price declines from $112,000. It's assessed at $95,000 currently by the c...
Elizabeth Woolf
Depreciation and 1031
Someone gave me some advice that sounded too good to be true so I want to verify. If I own a home for 27.5 years and have taken the depreciation expense every year, then I sell the house (for easy numbers let's just s...