Hey Everybody,My name is Adam currently stationed in Japan and will be getting into real estate investing when I go back stateside. I was wondering if there is anybody that can give me any basic knowledge about applyi...
Hi everyone! For tax purposes, would a real estate agent substitute the need for a real estate professional?
I have an offer going in on a property. It is listed as a 1br/2ba. The one bedroom is downstairs. The upstairs has been converted to living space with 2 bedrooms and 2 smaller area's that could serve as an office/p...
Our tenant hasn't paid rent on time for the last several months and still owes late fees that they haven't paid. When I tried to call them it appears that their phone has been shut off. Should I attempt to contact the...
I've got an LLC taxed as a partnership with one additional partner. Renting real estate is the only business activity the LLC does. I'm looking ahead to Form 1065 and the associated Form 8825. Although we track exp...
Saw a condo that interested me as a personal residence. But it is non warrantable. How much does this affect sell ability?
Hello,I recently purchased a vehicle and registered in NJ to my second residence. I applied for the loan together with my LLC which is domiciled in NJ. The vehicle is exempt from taxes in the state in which the vehicl...
Seller has a mortgage for 125k and wants at least 25k cash as a downpayment. If I give her 25k down and take over the mortgage of 125k then our purchase contract should be for 150k, right (125 + 25)??? Also, how wi...
Does anyone know for VA loans if the funding fee is applied to the purchase price of the home or only the financed amount? I assume it'd be the financed price, but I just wanted to verify. The VA website isn't really ...
Hello Ladies and Gents. I have a couple of questions for landlords. 1. Do you normally require your tenant to clean and maintain the gutters or do you contribute this to your maintenance expense. 2. Do you conduct bac...