Guaranty Mortgage

heart_and_troll asked:


In accordance with the usual IRS travel/meals/ent rules, of course. Are these deductible this year even if I buy next year? What if circumstances change and I don’t buy at all? I’ve heard that if I don’t buy, not deductible; if I do, must be added to basis, not deducted. On the other hand, another person doing the same thing was told by his accountant to form an ‘investment’ corp. and write off all his real estate searching travel within that corp. (hopefully, he is not planning to tell this guy to buy the real estate in the corp, but if he isn’t then the tax write offs for the corp don’t seem that legit.). Thoughts? Thanks.
Sorry, this is for investment purposes, not for a personal residence.
Not pers residence, not vacation home. Rental property.
Yes, I already have one investment property, and the reason for buying elsewhere is because I believe, and research seems to back me up, that better value and better price appreciation can be had there vs here (think an expensive bubble area where rent positive rentals are hard to achieve, vs a midwestern locale where stuff is cheap and rent positive is the norm).

business cash advance

Jessica asked:


After the economy gets stabilized, what do you think will be the next hot area for real estate investments? For example, those who invested in the DC area in the early 2000s saw a HUGE ROI a few years back.

Atlantic City homes for sale

reefdom asked:


I’d like to start investing in land and I’ m thinking about going into the real estate business. And I was wondering if one would have to have some kind of real estate lisence or if one can just start buying up land and just jump right into the business?

Oakland retail space

Mr. Bambam asked:


I have been reading a lot of books on real estate investment and stocks. I want to start investing. At the moment I’m short on capital however I would like to receive training (mentoring) on investing in the meanwhile. I learn good by reading but I learn excellently when someone is showing and explaining thing to me.

Missoula Commercial Real estate

EM asked:


Currently, I only know the tax appraisal 109K, from the home I am planning to buy.
(Home built in 2006, around 1500 sq)

How much of a difference can I expect from the real estate appraisal? Lower or Higher?

Are homes usually valued around the same as the tax appraisal?

What kind of problems can I face if the appraiser values the home too low or high?
The appraisal would be for the purchase of a home, right now the asking price is 96K( it’s a foreclosure).

Oakland office space

sheepeshlysheepy asked:


What training do you need to be a real estate agent? What training do you need to become one, and how would you go about becoming one?
If you’re a real estate agent/broker, how is the income?

Would it be a good idea to be a real estate agent while in college?

Thanks in advance!

Oakland retail space

Realny08 asked:


My partner is a listed NY real-estate agent who is not practicing for the past 10 years. We are working on some properties in NY and so looking for sharing MLS listings with others for a fee. My question is it possible? And is it legal to do this?

Buffalo Grove property

Kelly H asked:


I am selling my home and wondering how much a real estate company will charge me to sell my home. I heard that it’s typically 6-7%…isn’t that kind of high?

Paper Shredding

Roxann Colter asked:


The CMBS market is paralyzed and the CMBX says prices will fall 23 percent over the next three years. There are a lot of interest only commercial real estate mortgages in CMBS portfolios and many will begin amortizing this year. If a recession is upon us and those borrowers can’t meet their debt service requirements under the new amortization - it seems to me we have a repeat of what is happening in the subprime universe.

Brigantine Real Estate