Tag Archives for " real estate "

Taxes on Subject to Deal

Taxes on subject to dealscan be a bit complicated.  For example, you buy a property “subject to” an existing loan. You sell the property on an installment land contract or lease/option. What are the tax ramifications? Part One – Determining Your Basis Your tax basis is basically what you paid for a property. If you have a […]

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Real Estate Issues in Divorce

Divorce is more than just an emotional and financial battle.  Real estate issues divorce brings up can be quite tricky.  The general rule in most states is that property acquired by the couple after they are married is the property of both.  In some states, it is called “equitable distribution”, while in other states it […]

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Evaluating Rental Properties

Real Estate investing can prove to be a very good business as long as you make the right decisions and put your money in the right places. One of the major decisions you will have to make when dealing with a fixer upper is what to do with a particular property once you have purchased […]

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Buy Real Estate With No Money Down

There are are at least 10 ways to buy a home, even if you have little or no money to put down. Here are a few of the basics: 1. Sweat Equity Sweat Equity is a way to get a home by trading work for equity in the house. This could be used for a down payment or […]

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Basics of Owner Financing

Let’s discuss how the basics of owner financing, which is different depending on whether the seller has existing financing on the property. Property Owned Free and Clear Let’s begin the discussion with a simple explanation of owner financing with a property that is owned free and clear of any mortgage liens, that is, there is no debt […]

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Using a Living Trust for Real Estate

using living trust for real estate

Many people set up and are using a living trust for real estate for estate planning purposes, primarily to avoid probate and save some estate taxes.  However, most estate planning attorneys are not real estate savvy, and they recommend an awful strategy – title all your real estate in the name of your living trust! Think […]

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Risks of Buying Real Estate in “Emerging Markets”

Between 2004 and 2007, real estate investors, hungry for break-even or positive cash flow rental properties, purchased income property out of state. California investors bought houses in Florida, Texas, and Oklahoma. Florida investors purchased houses in Louisiana. Texas investors purchased in Las Vegas. Some these investors made millions of dollars because of the appreciation in […]

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The Flip Side of Flipping Houses

Television programming and infomercials of all styles will have you believe that flipping houses is a fun and fascinating way to turn a serious profit in real estate. It is just that, though it is also so much more. There is a lot of money that can be made by flipping houses (buying homes in […]

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Benefits of Flipping Properties by William Bronchick

The obvious benefit and sought after benefit of flipping real estate is the profit. This is one incredibly tangible benefit, particularly when the profits are large and quick to come your way. Of course there are risks. Most ventures that offer high profit also come with a high degree of risk. Money, however, is not […]

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