Hello, my Dad is interested in understanding and identifying the best way for him to leave his house to me, while minimizing taxes. Generally, what are some the ways this could be handled and the relevant considerati...
Hello all, I'm in the state of Wisconsin and needing to know if a Wisconsin state income tax lien (junior to the foreclosing mortgage lien) will be extinguished by the foreclosure. I'm assuming that there won't be en...
I’ve always wanted to know what are the benefits from buying and holding real estate. Of course you have your monthly passive income. Butbwhat are some significant tax benefits, returns you can benefit from yearly bes...
Hello all,
For a little over a year now Ive been trying to get as much info on flipping and inventing in real estate as possible.
For the longest time having enough savings for down payments was my biggest obstacle....
How often do you guys have the seller get fired up that you are selling the property basically for more than what you bought it for.
How do you handle situations like this.
I am also wondering how often you get the ...
I have done a couple of 1031 exchanges and I have a question for the experts. I’m selling a six plex in San Diego and buying 6 condo in Hawaii for full time vacation rentals (only for rentals ). The question is can ...
PurPurchase DetailsPurchase Price ($) :123,794Closing Costs ($) :3,000Loan Points ($) : Estimated Repairs ($) : 100,000Legal Costs ($) : Other Costs ($) : Down Payment ($) : 24,758.80Down Payment (%) : 20Loan A...
Hello BP. Well to start I am curious in owner financing one of my houses to my tenant. She is a college student and has a full time job. She was interested in my 15 year mortgage plan I has offered her. And she think ...
I have a motivated seller that I personally know. I lived in this apartment complex 12 yrs ago. 5 rental units in top of bldg and 4 stores on bottom of bldg. Contract with real estate agent ends in a couple weeks and ...
Here is the scenario:Personal residence built in 2017Option 1:Monthly Rent - $2,500 a monthMonthly Expenses (3.25% interest mortgage, taxes, insurance...self managed) - $868 Potential Cash flow - $1,632 or $19,584Opti...