0
Deciding whether to sell or keep your rental property depends on your financial goals, current market conditions, and your ability to manage the property. Consider factors such as potential for appreciation, rental income, maintenance costs, and tax implications before making a decision. Consulting with a financial advisor or real estate professional can help you make an informed choice.
What else can I help you with?
Can I sell my rental property to my LLC?
Yes, you can sell your rental property to your LLC.
Can you do a short sale after a house was included in a bankruptcy?
No. The title to the property is encumbered by the bankruptcy. You would need the court to release the property in order for you to be able to sell it. You should discuss it with your attorney.No. The title to the property is encumbered by the bankruptcy. You would need the court to release the property in order for you to be able to sell it. You should discuss it with your attorney.No. The title to the property is encumbered by the bankruptcy. You would need the court to release the property in order for you to be able to sell it. You should discuss it with your attorney.No. The title to the property is encumbered by the bankruptcy. You would need the court to release the property in order for you to be able to sell it. You should discuss it with your attorney.
Are adult children liable for parents mortgage debt?
No, not as long as they didn't co-sign the mortgage. However, if the parents have died and their property is subject to a mortgage the lender will foreclose on the property if the mortgage isn't paid. If the heirs want to keep or sell the property they must keep the mortgage payments current.
In the game of monopoly can you mortgage property when you have houses on other properties you own.Or do you have to sell back houses and hotels to the bank before you can mortgage any property?
no you just keep the houses and mortage your property its in the offical rules of monoply menual
Can you sell your home if it is joint names and your husband is incapacitated?
If someone has been named attorney in fact under a durable power of attorney for your husband that person can sell his interest in the property by signing a deed on behalf of your husband.If there was no DPOA, you would need to be appointed his guardian by the probate court and obtain a license to sell the property from the court. You should consult with an attorney.If someone has been named attorney in fact under a durable power of attorney for your husband that person can sell his interest in the property by signing a deed on behalf of your husband.If there was no DPOA, you would need to be appointed his guardian by the probate court and obtain a license to sell the property from the court. You should consult with an attorney.If someone has been named attorney in fact under a durable power of attorney for your husband that person can sell his interest in the property by signing a deed on behalf of your husband.If there was no DPOA, you would need to be appointed his guardian by the probate court and obtain a license to sell the property from the court. You should consult with an attorney.If someone has been named attorney in fact under a durable power of attorney for your husband that person can sell his interest in the property by signing a deed on behalf of your husband.If there was no DPOA, you would need to be appointed his guardian by the probate court and obtain a license to sell the property from the court. You should consult with an attorney.
Can I sell my rental property to my LLC?
Yes, you can sell your rental property to your LLC.
Does bankruptcy attorney keep rental property income?
The answer to this question depends on whether you are filing Chapter 7 or Chapter 13 bankruptcy. In Chapter 7 bankruptcy, if the rental property has equity, meaning that the value of the property exceeds what is owed on the property, the trustee would almost definitely seize property and sell it to satisfy some or all of your unsecured debts.
Can I sell one of my rental properties and roll over the equity into one of my other rental properties of greater value to buy down the mortage on the second rental that I keep but already have a mortage on?
No, you can't facilitate an exchange for property you already own. Yes, you can accomplish this. Take the proceeds from the sale of property one and pay them towards property two. You may want to ask for a mortgage readjustment for property two.
Can the executive of an estate sell the property or keep it?
That depends on the will. It determines what happens to the assets of the estate.
When someone dies and the rental is abandoned what do you do with the personal property?
There are specific laws in each state about abandoned property. After a certain period of time you can sell the property and put the money into escrow for the estate.
Can I sell 2 rental properties and do a 1031 exchange on a single property if it meets requirement?
You certainly may. You can exchange any number of properties for any other number of properties. Be wary of the identification rules. yes,you Can sell 2 rental properties and do a 1031 exchange on a single property it meets requirement.
Can you sell a vehicle even though you are going through a divorce?
You should check with your attorney before you sell any property acquired during your marriage.You should check with your attorney before you sell any property acquired during your marriage.You should check with your attorney before you sell any property acquired during your marriage.You should check with your attorney before you sell any property acquired during your marriage.
Should you sell your house or keep it?
keep it
If your landlord owns the rental property that you live in and and wants to sell it what are your rights?
If the landlord wants to sell the rental property, the tenant has different rights depending on what state the property is in. Usually, a landlord has to give 60 days notice for an intent to sell. Then, it is up to the landlord whether or not the property can be occupied by the tenant until the sale date. If there is a lease, the landlord usually cannot sell the property until the lease is up, but all states have different rules regarding occupancy.
What happens when inherited property is sold for taxes?
If the heirs want to keep the property they must pay off all the delinquent taxes, interest and costs. If not, the town will take possession of the property and sell it to a new owner.If the heirs want to keep the property they must pay off all the delinquent taxes, interest and costs. If not, the town will take possession of the property and sell it to a new owner.If the heirs want to keep the property they must pay off all the delinquent taxes, interest and costs. If not, the town will take possession of the property and sell it to a new owner.If the heirs want to keep the property they must pay off all the delinquent taxes, interest and costs. If not, the town will take possession of the property and sell it to a new owner.
Can you do a short sale after a house was included in a bankruptcy?
No. The title to the property is encumbered by the bankruptcy. You would need the court to release the property in order for you to be able to sell it. You should discuss it with your attorney.No. The title to the property is encumbered by the bankruptcy. You would need the court to release the property in order for you to be able to sell it. You should discuss it with your attorney.No. The title to the property is encumbered by the bankruptcy. You would need the court to release the property in order for you to be able to sell it. You should discuss it with your attorney.No. The title to the property is encumbered by the bankruptcy. You would need the court to release the property in order for you to be able to sell it. You should discuss it with your attorney.
Do you have to allow the house I am renting to be shown if the owner has now decided to sell the property?
Laws regarding showing rental properties can vary depending on your jurisdiction and lease agreement. Generally, landlords are allowed to enter the rental property to show it to potential buyers, but they must provide reasonable notice and not disrupt your use of the property excessively. Check your lease agreement and local laws for specific details on your rights as a tenant.
