sapphire asked: Ok, here’s the situation. My fiance and I are looking to buy a house that is up for deliquent taxes. The only problem is there are people living in the house. I was told all we have to do when we buy the house is give them 30 days to move out. After [...]
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. [...]
Matthew Zajac asked: I read houses are cheap in Houston but be ready to pay high propterty taxes from the answer/yahoo. here an ideal I am single no children and my mother would buy the house and rent the house to me. it probably not going ot make much difference than San Francisco, California high [...]
amieretto asked: I purchased a condo 5 years ago. When I made the purchase I put a down payment of $25,000 down. I sold the condo in 2007. After closing, I walked away with $22,000. I did not purchase another home. Am I going to have to pay taxes on this money even though I [...]
M~K asked: I am looking at buying a home. I was wondering what the process was and if anyone could give any tips on buying, what to look for, how much to have stuck back, etc? Any info would be greatly appreicated!kelvin
punkinbutt’smama asked: My husband and I would like to downsize and purchase a cheaper home. But, is there a way where we can work it out with a seller so that they wait until our home is sold first? The current home that we own is the only home we’ve ever purchased, so [...]
Megan asked: My boyfriend and I could not get approved for a loan on a home together so we decided not to go through with buying a home just yet. We put a stop payment on our check for the earnest money because the contract we signed saying we wanted to build a home (not [...]
punkinbutt’smama asked: My husband and I are contemplating buying a new home. We have only owned the one we have now for 1 year. We also have a second mortgage. My question is - will the proceeds first be used to pay off the second mortgage before they would be subject to [...]
kefooce asked: shouldn’t I be able to claim the interest and property taxes that I’ve paid over the year on my home, which I’m buying through land contract? Last year the seller claimed everything and I don’t see how that’s correct. I’ve paid 9% interest all year and around $1000 in taxes and [...]
Sarah W asked: I bought a home on contract in Jan 2006 through a local company that strictly sells homes on contract. I know they say payment is due by the 10th, if not rec’d by the 15th, will “serve” me. What does this mean and can I just catch up my payments to them [...]