I just had a new roof put on a duplex. Cost is $10K+When I do my federal taxes on TurboTax it seems to be an "option" as to whether I send the contractor a 1099 form. What do others do? Do you send your contractor ...
I entered into a lease option in September 2012. The seller and I agreed to a 3 year plan. The contract was written for 240K with a 3 year deposit till finding financing. Deposit have been met 30K, which brings the...
I am curious if anyone has had a good way of getting to the point that I'm not giving you much money compared to what you think. Sent out my first hundred mailers yesterday and I'll be sending another 800+ next week. ...
How exactly do you get a property for no money down? It seems like financing that way is really risky. Can someone with some know how please explain how it happens. Do you need some loan for a down payment and then...
hi, i'm evaluating whether to sell or continue renting my previous primary residence - i'm approaching the 5 year limit after which i will have to pay long term capital gains. I'm trying to figure how much the tax mig...
Hi all, I was wondering if anyone could share recent experience / expertise in using an FHA loan to house-hack multiplexes in FL? I found this quote from several years ago:Originally posted by @Mathew Aron:I'd benchma...
HiI lived in this condo for five years before moving out about one year ago, and then rented it out to a tenant. I do not want to sell the unit.How can I preserve the tax free treatment of capital gains during those f...
Hello... I'm hearing from people the lease option assignments sounds like brokering... Can someone shed some light as to the difference? Or can someone explain to me how it can be done without getting in trouble for a...
I read somewhere that people can put together elaborate real estate deals with investors or regular people with money to spend in order to purchase the property and finance the renovation. But the catch is the money t...
Hi everyone, I got a HUD deal at a deep discount but I ran the numbers again and there's not enough juice for a rehabber. However, the property is in great condition and I think there is still a good amount of equity ...