Every calculator has stuff that seems irrelevant or is not true to the situation. My purchase price was over 20 years ago, I do not remember closing costs, have refinanced twice at least and I have been renting it fo...
I am member of a LLC (more than 1 member) that was formed in 2007 and we buy and sell residential property. I am getting ready to prepare tax form 1065 (and the related K-1 forms). We have bought & sold 2 proper...
Hello -
I recently bought a town home in Chicago and wanted to see if you have any recommendations for firms who can help me with property tax appeal in the NW suburbs area?Is it worth the time and money? What are ...
Hello everyone. I am very new to investing an have not bought any property as of yet. I would like to get some feedback on an idea. I currently live in the front house of a property that has a detached rental in th...
Hi guys,I was wondering if anyone with experience on the seller side of seller financing had some insight on the following: I have a rental condo that I bought for $400K in 2009 and can probably sell now for around $...
Hey all,
Hope everyone is doing well. I wanted some feedback on a great problem to have. (I think...)I thought I had good rentals. Haha
The credit union I use (Space Coast Credit Union) told me my DTI was too high ...
Good morning real estate gurus. I have a question about a house we are selling. We own it free and clear, and have accepted an offer for about 34% down with the rest seller financing. My question is, should there b...
I was thinking of moving into a livable house that needed updating and minor repairs, living there for 2 yrs then renting it out. Since renters don't take as much care of the rented property, how much rehabbing should...
We had lived in our condo in CA for 2 years and then rented it out while we rented a house to live in. Since this property was an investment as a rental will we have to pay capital gains on it or can we sell and put t...
I just received an appraisal letter from my county for my property. It is almost $20,000 less than the purchase appraisal price. If I do not correct the county and leave the lessor property value price in place and b...