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Results (591)
Jesse M. Potential tenant's rent paid by employer - bad idea?
27 September 2016 | 3 replies

I have a potential tenant whose rent will be paid by their employer. Essentially, this person receives a stipend and spends as they wish. What could go wrong? When I call the HR department, what specifically should I ...

Danny Abalos New investor in Aurora, Illinois
9 March 2013 | 2 replies

hi there all
so i'm new to this business and website. so far it looks real purty and helpful.
i'm trying to buy, rehab and sell single family residential properties in my area and some surrounding burbs as well. i h...

Grant Cox Underwriter keeps finding issues day of closing
20 August 2024 | 3 replies

I've been under contract on my property since June 25th, and underwriting received all of their info on July 1st. They then wait until July 23rd to tell me that they want me to be employed in my field for a year befor...

Collin Lee Johnson Allocating additional funds so as to appear below income limits
7 April 2021 | 5 replies

Alright guys so here's a hypothetical (and it is an actual hypothetical right now as I haven't gotten a raise yet); let's say that someone is currently making below the income limits for a housing program and will be ...

John Choe Taxes on a flip
14 August 2016 | 3 replies

So I'm interested in doing a flip and would like to see if someone can easily explain something.  If I purchase a house for $100k and put in $25k and have $5k holding costs then sell it for $200k in a short timeframe,...

Michelle Moss health insurance
8 August 2020 | 5 replies

My husband and I own several rental properties in Cleveland and Lake county ohio. I have recently retired from a job where I had paid health insurance. We are currently looking for affordable health insurance. If...

Kevin Durham Time for Mortgage but flipping full time. Need advice
11 February 2017 | 5 replies

Hey everyone, I'm in seek guidance/advice.Some background: I currently live in NYC and began investing in my hometown market of St Louis last year. I realized almost immediately that I would need to quit my job to mak...

Michael Plaks How to avoid ALL taxes on your high W2 income
18 October 2020 | 1 reply

Some of y'all keep searching for the magic bullet. Your search is over. This is one of my all-time favorite Tax Court cases. Two high-salaried W2 employees filed a tax return with $0 income, attaching this creative ar...

Becca Tew Help! Financing rejected because income can't be counted in D/I
17 January 2017 | 9 replies

I'm in a bit of a bind and I'd really love some advice. My lender has rejected me last minute because he was unable to count my property management income towards my debt/income ratio since I haven't done my 2016 taxe...

Terry Royce A few questions on Double Closing
7 September 2008 | 11 replies

- Do you have to include any special clauses in your contract when doing a double closing. Also, with the end buyer do you just use a standard purchase sales agreement.

-Do you have to pay capital gains on a double c...