Questions tagged [real-estate]

A tag for questions on real estate or property.

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0
votes
1answer
181 views

Selling equity in investment property?

I've been considering a rental property investment scenario that has been proposed and would like some advice and feedback from those who have much more experience than I do. Thanks very much! Rental ...
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2answers
621 views

Are capitalization rate and net profit margin the same thing?

If capitalization rate is the value of the property divided by the net return, how is that different from the net profit margin?
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2answers
4k views

Do I need to do a title search on land? how about title insurance? lawyers?

I am looking at a piece of land that is being sold for 25k. As I understand it, I need to do a title search before any transaction is done. I've already looked at the tax assessors website and seen ...
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1answer
321 views

Can the Philadelphia Center City District Tax be deducted on my Schedule-A?

I'm a full time salaried employee living in Center City Philadelphia. I own my own home and I am wondering if the Center City District Tax can be deducted from my federal taxes on the Schedule-A form ...
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2answers
204 views

Tax implications of selling a non-owner-occupied house and receiving installments

My mother is in the process of selling her rental unit to a buyer. They have a contract laid out where the buyer is making 10-year amortized payments for 5 years, with a balloon payment at the end. ...
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1answer
77 views

Trading an FHA loan to bank for an REO

I hope this is the right location for this question. I couldn't find a section that better fit this question. If this is not the right place please let me know. I got a house 3 years back using an ...
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1answer
261 views

What's best investment option? Mutual fund or Property [duplicate]

I had purchased a home year ago and given it on rent. The rent I'm getting is only 5% of total cost of home while stock fund industry (mutual fund) is paying 20% minumum (reports from my country here ...
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1answer
43 views

Federal treatment of recaptured depreciation paid to DC?

Can I deduct from 2014 federal taxes the amount of recaptured depreciation paid to DC for 2013 on the sale of a property that was part rental/part principal residence?
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1answer
89 views

What tax filings are required for real estate transactions?

I intend to purchase real estate with cash from a family member via quitclaim. What tax forms are we required to file reporting the sale?
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1answer
69 views

Is there an equivalent of writing calls on personal real estate holdings

Where possible I like the ability to write calls on the underlying asset for the residual income in a low-medium volatility environment Is there the equivalent of doing this with real estate? I am ...
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2answers
380 views

Selling property in India and gettting back money to USA

I am on H1b visa in USA and thinking about buying property in India. Suppose I alraedy bought some property in India, now in future if i sell the property in India, then how can i get that money back ...
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1answer
78 views

Calculating IRR when you have reserves

I'm trying to understand a real estate calculation. I need to find the IRR for an investment where I have reserves to cover tenant improvements that are put into the deal when it's purchased. The ...
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1answer
3k views

Ontario new home/condo HST rebate: What is the price without HST if the price is $400,000 including HST?

What is the actual purchase price of a new condo without HST, if price is $400,000 including HST? The condo is in Mississauga, Ontario and the buyer is not a first time home buyer.
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2answers
90 views

What are the tax implications for an individual renting property from an LLC of which they are a member?

The scenario is that individual I is a member of LLC L, and L owns property P. L distributes profits and losses to I. I rents P from L. An obviously significant free variable is how much rent L ...
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1answer
167 views

Sister living on dads property

Since my dad passed away in 2009 my sister has been living on the property. There is no mortgage and all she needs to pay are the taxes. Back in 2014 my cousin pay $2500 for back property taxes. My ...
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0answers
51 views

Title company cost breakdown for home buying

A close friend is first-time buyer, and is closing a home with a title company in Chicago area (Cook county). After many issues with his lender not delivering the funds on time on 7/26, he has to ...
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0answers
63 views

Quit Claim Deed: Role Titles

I currently own my house with my son. The deed is a joint tenancy with rights of survivorship between me and my son. I would like to relinquish my portion and give it to my wife, with my son's ...
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0answers
106 views

Building a house during times of economic upturn

Since 2008 the aftermath of the recession, the economic crisis has turned from recession into a rise and better economic times. In some places, in western european cities, this means housing prices ...
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0answers
178 views

How much will my property taxes go up after new construction

Here is the situation: This is in California My family's home was bought 10 years ago at $1,000,000, they are paying over $10,000 in taxes every year. The current market value of the home is around ...
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0answers
35 views

How does time impact the resale value of a fixed-term deed?

I own a property that I purchased from the previous owner. It is a 75-year deed with 35 years remaining. After 35 years, ownership reverts to the original landowner. I don't plan to sell for another ...
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0answers
19 views

California depreciation options for Rental house landscape

I can use Bonus depreciation (100% for 2018) on my federal taxes for my rental house landscape project, or depreciate it over 15 years. What are my options for California taxes, since they don't do ...
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0answers
14 views

How is capital gain calculated in India for a house when it is constructed on a piece of land bought few years earlier?

I had bought a piece of land in 2003 and constructed the house in 2005. I am planning to sell now; how is capital gains calculate for this?
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0answers
13 views

Property purchase Abroad. Tax deductions

I live in US. I purchased a couple properties a few years ago abroad. I did not take mortgage. I paid it from my savings account abroad. I heard we can claim tax deductions even for the past purchases ...
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0answers
31 views

Which is the best way to sell a house in Italy to a foreign investor?

I bought an apartment in Venice (Italy) in 2013 with my ex GF. The plan was to renovate it and move there. She broke up with me after some months so we have never had the chance to live there. The ...
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1answer
68 views

What is the name of this ROI ratio?

I purchased a house with a detached garage. I remodeled the garage and now live in it. I rent out the house. My mortgage is $537 and I charge $650 to rent the house. Doing the math, I'm only keeping $...
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0answers
18 views

PMI threshold when paying off part of the principal [duplicate]

I am in the process of getting rid of private mortgage insurance (PMI). I was planning on paying off my loan down to 80% loan to value and then get rid of the PMI. However, I was told by my lender ...
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1answer
358 views

How does a qualified intermediary make money?

Can they invest client money and make money on the return on investment, or do they charge fees directly to the client?
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0answers
67 views

If I convert a primary residence to a rental, are the cost of improvements potentially lost?

According to the IRS: When you change property you held for personal use to rental use (for example, you rent your former home), the basis for depreciation will be the lesser of fair market ...
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2answers
523 views

Diversified portfolio return calculation & comparison to return from real estate only?

Here's a sample portfolio. If we assume that he invested $100K in the beginning (2005), is it correct that if he sold his entire portfolio and the end of 2009, he would have received $121,394? ...
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3answers
206 views

Buying a flat abroad through British LTD company

I'm an IT contractor in the UK, I'm considering buying a flat in Poland, rent it on Airbnb or work remotely from there. I'm thinking if it's worth buying it through LTD company in my case. Would it ...
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2answers
1k views

Are landlords required to provide bathroom access to tenants?

I live in North Carolina, and I am not sure what the laws around this issue are. I was looking to purchase a home: live in one room, and rent out the other. I am quite a germaphobe, and have had ...
-1
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3answers
329 views

What return are you getting on your money from paying down a mortgage on a rental property?

If you bought a $200,000 rental home with 20% down, what is the return on investment you're earning over the full 30 year period from paying down the loan using the rental income? We will assume the ...
-1
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4answers
152 views

Real estate repair: Out of pocket or on credit?

You often hear the advice, that you should eliminate all debt, before starting to invest. However, in the following scenario it seems the opposite to be the right decision: In order to be rented out,...
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2answers
590 views

Any Tips for Renting Out All Rooms in House? [closed]

Looking to buy my first house by the end of the summer to be used strictly as an investment rental income property, general real estate holding. 5 bedrooms, and if I can re-develop the basement to ...
-1
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1answer
1k views

Should I sell investment property to pay off student loan debt and variable rate home equity line of credit?

I purchased a home as a primary residence 11 years ago for $210,000. It is now worth $475,000. The mortgage balance is $85k at 3.75% fixed for 30 years (but I am 11 years in). Three months ago, I ...
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2answers
97 views

How do I figure out the next step in deciding to sell my home to the market or to a uniquely interested buyer?

I am going to be selling my house soon. It just so happens that the owners of a rental property next door once expressed interest in our home. (In case it's valuable info: They used to live in the ...
-1
votes
1answer
8k views

Discount Rate vs. IRR

The more I learn about the discount rate and IRR the more confused I get.... This is related to real estate. My confusion is that I've read that you should use your desired rate of return for the ...
-1
votes
1answer
87 views

important considerations when expected monthly returns seem implausible relative to the purchase price of real estate? [closed]

as a concrete example: this property has been on the market for two months for $39,000 with tenants who allegedly pay $1,000/month in rent. before taxes, that's a 31% annual return. could anyone ...
-1
votes
1answer
131 views

what's a fair share of a property to give to an investor? [closed]

Person A owns a property. Let's say it's worth £1 million. Person B also lives there. The property would benefit from some expansion, and this could add some value to the property. Person A ...
-1
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1answer
66 views

Sale of a rental house

I have a rental house that I'm thinking about selling to the renters. They have lived there for 9 years. I am now 75 years old and no longer able to keep the house in shape when there is a problem. ...
-1
votes
1answer
64 views

Finding an Investor for Rental Property Renovations?

Is it possible to find an investor who would want to invest in renovating a rental property, without taking an interest in the property itself, but would expect returns when the property is sold at a ...
-1
votes
1answer
162 views

Taxes on gifting a home to a son?

My father owns a property (approx. value $175000) he owes $60000. He wants to gift the property to me. 1. Can I pay (or give him the money to pay) the remainder of the mortgage and have him gift the ...
-1
votes
2answers
94 views

Where can I find information on Loans in foreign currency for the purchase of property in Australia? [closed]

I am looking for information on what banks, or other financial institutions, allow borrowing of money in their home currencies for the purposes of purchasing property? The type of information I am ...
-1
votes
1answer
56 views

Taking out an SBI apartment mortgage loan in Chennai, India and transferring the money to the USA in dollars

I plan to take a mortgage loan on my apartment in Chennai from SBI and then transfer that money to the USA in dollars. Will I lose any money in the transaction like taxes, etc. ?
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2answers
147 views

Is it really a good idea to put money in 401(k)? [duplicate]

Assuming your company doesn't have 401(k) match, is it really a good idea to put money in 401(k)? Everyone says it's a good idea but I don't think so. Why not save your money and buy a house/...
-2
votes
1answer
111 views

Any Loop Holes for Owner Occupancy?

My Client wants to buy a Fannie Mae property in WA as an owner occupant. He owns another home out of state (in california). He has family that lives here in WA. This particular Fannie house in WA ...
-2
votes
1answer
82 views

Can I get a tax break while renovating a house that is being auctioned?

Looking at a Homepath home that needs a major rehab, the house is a cash only deal, and all fixed up might be worth a decent amount of money ( 200 k or so ) but it's being sold for 60k in the current ...
-2
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2answers
4k views

Living in my own rental property

I've come to understand that owning a townhome/duplex and living in it while others are also renting from you isn't as sexy as it may seem at first glance. Over and over again I get this from friends ...
-4
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2answers
74 views

using deed's of trust to negotiate for higher prices for land sales

It seems like Deeds of Trust's for real estate properties (which are public records) include the loan amount on them (assuming a loan was obtained for the purchase of the property). Obviously this ...
-6
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2answers
312 views

Can you buy a certain section of a house?

For example, if the owner is willing to sell the roof of their house (which has a flat roof that allows for building an extra floor)? Which type of deed would be required for such a purchase? If the ...