| Property Investment |
| What is a tax deduction? |
I have been a tax accountant for 27 years. First of all, a tax DEDUCTION is not what it sounds like. From the sound of the term it would seem that a tax deduction is an amount you deduct from any... |
| Real State Lawyer? |
Just remember that the real estate sales agent is always working for the seller, not the buyer. While Realtors in the USA subscribe to a code of ethics, they are not reliable sources of informatio... |
| Buying a home???? |
set up an llc and have the llc buy the properties, since the llc will be funded by monies earned during the marriage she gets half of the llc at divorce or 1/2 value ... |
| Do you think the Real Estate Market will get worse in the next few months? |
Real estate in general will get worse until at least 2009. In my opinion longer than that but that's what all of the experts say at this point.
That doesn't mean that you cannot find ... |
| Going into foreclosure? |
In Florida judgments are valid for 20 years with a renewal of 20 years. So most likely you will have that deficit judgment chasing you around for 40 years plus 10% interest. Not a great situation t... |
| Does anyone know of a commercial lender in Ohio that will refinance single family properties? |
www.peoplesbancorp.com. Call Rick Lentz @ peoples bank. I have worked with them on several projects and they have a down to earth quality I like. They do commercial and residential and are looking ... |
| Do I have to report Rental Income to IRS even if I don't make profit monthly? |
well, yes
just like you have to report any wages you earn ... |
| I am in the process of preparing my partnership 1065 return. Is investment realestate the same as rental? |
You can probably use the business code 531390 - Other activities related to real estate
... |
| Do you want to invest in Bulgarian property? |
Or not... ... |
| Any way to "get around" a seller requesting cash-only sale? |
Find a better investment. Going into debt for an investment is not a wise move financially. ... |
| Is the realestate market dropping? I want to buy a home, should I wait? |
There are always foreclosures listed in the paper. Try starting there. ... |
| Statue of limitations on retaliating landlords? Verbally abusive & turns off electrcity for a week HELP!? |
What a JERK your landlord is!!
From what you wrote,the "business" aspect of what your landlord did is legal.On the other hand,the verbal abuse can be taken to civil court.
Consult a... |
| Would you recommend using a credit card for a house deposit? |
No, this is an unwise move. If you want to borrow, get a loan, the cheapest you can arrange. Credit card repayments are one of the most expensive ways to borrow money. What few people realise is... |
| Any good books, websites, or materials on Real Estate Investment? |
Yes everywhere! Check with your local library if you want to save money.
Anything by Robert Allen is a good start. William Nickerson is the grandfather of investment (that's where Robert A... |
| I want to buy a place in Buffalo NY...? |
www.realtyusa.com is a website and they have a great mortgage company called first priority, they do a lot of the financing for the sales. check it out ... |
| Should I declare insolvent ? |
You don't declare, you document. Work up a balance sheet for yourself. Assets that may be exempt from the claims of creditors have to be figured in in full. ... |
| Recently inheirited $$$, I want to invest in real estate, but I have bad credit. What can I do ? |
You need to speak to a mortgage lender first, that is very important. With your bad credit, the lender will be able to tell you how much of a down payment you're going to need for both proper... |
| Should mortgage person be paid if no acceptable mortgage is calculated? |
you need to pay him if you signed a contract with him that said you pay him 1k no mater what. If you didn't, tell him to go to hell. ... |
| How do have my LLC on mortgage instead of having my name on mortgage? |
Your mortgage broker is an idiot, you can't do this with the house you live in, but you certainly can with a residential property you buy as an investment. You just go to a lawyer, and they w... |
| Barn Apartment conversion? |
Every city and county has different zoning and building restrictions. You need to contact the government offices for the location of the property to find out what is and is not allowed. ... |
| Buying real estate? |
The time in between buying investment properties is not important. What is important to a lender is "can you afford" another mortgage. ... |
| Where is Melbourne, FL? |
east coast line ... |
| Does anybody know now to find a list of Mortgage Brokers... Like an association or something? |
I am a mortgage broker in Utah. Our state has a complete list of brokers on their website under the division of real estate in teh department of commerce. I am sure that your state has a similar ... |
| I live in Calif. is there a "real estate assessor" web page.? |
This is a nation-wide site where you can search by address and a map dotted with prices comes up.
It is assembled by users who post their real estate.
... |
| I'm looking for a good mortage broker in the Staten Island, New york area, where can I find one? |
The last question is probably the dumbest thing I have ever heard. You don't go to McDonald's to get your car fixed, listen to a broker. If you go to a bank, you will not get a better rat... |
| How can I have more than 10 mortgages at one time? |
You just need a portfolio lender. That's all. A portfolio lender is a lender that keeps your loan in house, (portfolio's it), instead of selling it on the secondary market to fannie or ... |
| How can i do marketing for our developments in Turkey? |
I am no marketing expert(as you will find out)but I would imagine you should find your target group,anyone who could afford your product,and start appealing to them.Make your product honestly attra... |
| Real Estate Agents: Can I buy and sell my own home? |
Are you already an agent? If you are, then you should disclose the fact that you have interest in the property when placing it up for sale. When you purchase the property you should be able to ta... |
| Regarding mortgages, is Michigan a Recourse or Non-Recourse State? |
Michigan is a conventional recourse state when it comes to mortgages. If you have investors concerned about that when they have not bought yet, I'd venture they might be planning on potential... |
| What areas are consider NOT high in crime? |
Realtor.com has neighborhood statistics, that could be a place to check out. Certain cities have low crime rates, and the Internet may have those cities listed somewhere. ... |
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