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Real Estate Guides Investor's Guide
Real Estate Investor's Guide
Last Updated on Monday, 14 April 2008 14:10 Written by Administrator Thursday, 29 November 2007 17:38
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Last Updated on Monday, 14 April 2008 14:10 Written by Administrator Thursday, 29 November 2007 17:08
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Last Updated on Monday, 14 April 2008 14:11 Written by Administrator Thursday, 29 November 2007 13:49
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Last Updated on Sunday, 24 February 2008 15:13 Written by Administrator Thursday, 29 November 2007 13:46
There are a number of exit strategies available for the real estate investor that doesn’t want to do the day to day management of the property anymore. The problem is simple the IRS who likes to change the rules to keep us on our toes. CHECK WITH YOUR ACCOUNTANT FOR THE BEST STATEGY FOR YOU. Your account is up to date on the changes in the tax code and what the IRS is allowing and not allowing.
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Written by Administrator Thursday, 29 November 2007 13:44
The devil is in the details. Boot is the profit from an exchange that occurs when a seller exchanges a property for a property of less value or a mortgage of less value. There are two kinds of Boot, the Cash Boot and the Mortgage Boot. Sounds simple but this can get complicated easily. Let’s make it simple. Here are a couple of examples…
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In every transaction there is usually a request for repairs given to the seller by the buyer. The work order is usually backed up by a third party inspection report. The following is a list of some possible work orders. The work orders must be completed prior to closing and the seller is responsible for having them done. Check with your local authorities for specific requirements. 
A plan is something that most people over look when going into a new home purchase and if you don’t have one it could cost you lots and lots of money. A good REALTOR® will be able to help you with your plan. The biggest issue with your plan is TIME.