rental property
Long-Term Real Estate Investment Strategies
Q: I previously wrote to you and asked about investing in real estate. Since that time, I’ve moved from thinking about buying a single family house or two to actually purchasing and rehabbing about 45 units located in about 15 …
Inheritance Rights Of Spouses
Q: Our dad quit claimed a family cottage to his three kids in 1994. He died in 2000. Two of the kids are married, one is not. Are the spouses in any way entitled to a share of the cottage …
Stock Market Madness: Ilyce Glink Radio Show Notes August 14 2011
Stock Market Madness Stock Market Madness – that’s about all you can say looking back over the last week. There has never been this level of volatility in the stock market. We’ve never seen 400+ swings (positive and negative) on …
Compare Investment Options With A Fee-Only Financial Planner
Q: I finally sold my home after 2 years on the market. A couple of months ago, I purchased and paid cash for a new home for about $400,000. I am 70 years old with no debt. I own two …
Mortgage Refinance Rates And Closing Costs Higher For Investment Property
Q: I have two homes in two different cities. One of them is a rental and the other is our primary residence. My wife and I have excellent credit and we have an existing home equity line of credit (HELOC) …
Tax Implications Of Selling Rental Property
Q: My sister owns a rental property in California that had approximately $200,000 in equity. She owes $200,000 on the mortgage. This property is now valued only at about $250,000. She also has a mortgage on her primary residence nearby. …
Divorce May Not End Joint Tenancy Deed
Q: Here’s my question: Let’s say a husband and wife own a rental property with a joint tenancy and a right to survivorship deed. Later, they divorce without changing the deed, and 10 years later, one of them passes away. …
Partnership Agreement Can Resolve Real Estate Title Transfer Dispute
Q: I had a partnership with another guy for 30 years with a buy and sell agreement and with a right of first refusal. We owned a building with several stores. His wife received the rents and paid the bills. …
Investment Properties Have Fewer Refinance Options
Q: In the summer of 2006 I bought a condo in Las Vegas with a friend. At the time, we were both successful online poker players and we were spending a lot of time in Las Vegas for live tournaments. …
Should You Sell Or Rent Your House?
Q: I have been unemployed for about 6 months and have just secured a job in another city. I will reach retirement age in about 6 or 7 years. I will most likely not retire in the new city I …