I have inherited the whole of my father’s estate in the UK. There is no mortgage on his property. I too have no mortgage on my property. I am going to move into my father’s house, and either rent or sell my own. Will there be income tax to pay on the sale/rent of my property?

Rent Back

I live in Florida. I’ve been paying rent for over two years and I have an unstructured lease agreement. The lease basically states that I have been offered the property from x month and year to x month and year for x amount of money. I discovered that my landlord stopped paying rent when an inspector and locksmith came to change my locks. They said the bank sent them. I work from home so I stopped them from doing so. My condo is now listed as a short sale with a realtor and it is in the foreclosure process. The landlord stopped paying his mortgage back in January 09. Do I have to continue paying my rent as agreed?

Passive Income

I am planning to put for SHOER Sale. Will that affect to my day to day life?

Passive Income

Thank you to everyone who answered my question. But maybe I should have been more specific. It’s going on a foreclosure sale in 7 days, not a listing sale. Landlord has not been paying on his mortgage since the day we moved in, on top of it, he’s threatening me that he can kick me out the next day if I do not pay him.

Sell House Quick

My husband and i Live in TN right now, but plan to move back to NJ after the birth of our second daughter in March. We just bought a house here not knowing wed be leaving so soon. We have lived in our home since April. Currently the house is up for sale, but we are interested in understanding making it a rental property in case it takes to long to sell it?!?!

How would we go about pricing it?

How do we manage it from so far away?

How much profit could we expect to make if any?

Any and all details about having a rental property and how it works would be greatly appreciated. Our mortgage is approx. 832.00 a month which includes our homeowners insurance.

Real Estate Professionals

My 82K mortgage has come to the end of a fixed term and I want to remortgage. I have recently taken a 18.5K secured loan. I earn 22K. Will the loan effect my remortgage?

Real Estate Professionals

i want to use my heloc to grab hold of a great deal with built in equity and buy it all cash, but then I want to finance it after close so I can pay back my heloc and collect rent to cover the mortgage. please advise how I can structure this?

Sell House Quick

My husband and I took out a secured loan for home improvements. We are now separating. Am I still liable part of the secured loan even though I am not name on the mortgage (it is in my husbands sole name)

Sell House Quick

I have a rental property and the rent is not enough to cover the mortgage. Can the renters stay while its on a short sale?

Passive Income

My boyfriend and I are relocating because of work and need to move very quickly. Our flat has been on the market for 2 weeks and we have another 2 weeks to sell, or my boyfriend’s job offer will be withdrawn.

We are considering renting whilst waiting for our place to sell (it’s too far to commute from where we live now).

The estate agents estimated 3-6 weeks to sell from the date we put it on the market. We are quite confident it should sell within the next month (but then isn’t everybody confident about their own property?!)

If we rent, we will be paying a mortgage and the rent until our place sells. We could do this by using our overdraft and paying it back with the profit from our sale.

On the upside, it means we’ll be chain-free when we come to buy and that we get to move, which we desperately want (and need) to do. On the downside, what if our current flat does not sell for 6 months?

Thanks to anyone with an opinion!

Rent Back Fast