I have a rental house I might sell, How much should I get?
356773
So you obviously want to work with this tenant to be able to sell to them?  \n\nSay you add 10% interest on the total...that would be $71,500 due.  With a monthly payment of $600, it would take the tenant 10 years to completely pay you off.  \n\nI would suggest selling it outright to someone with credit.
690311
About 20,000 if you decide to rent your place.
387034
Need so much more info to answer correctly - what is the gain, how long did you own the property, what kind of property was it.
1101417
This can be an interesting answer.\n\nIf you are not claiming the property as rental property, it might still qualify as your primary residence.  You should speak to an expert about this... it's worth looking in.\n\nMarried people would have a section 121 deduction for their primary.  But if you are partners, not legally married you might not recieve the same benefit.\n\nIf you are not receiving the 121 benefit, you may want to speak to your accountant about how to better structure how you are holding the real estate.\n\nI'm releasing this site next week, by July 1st ,you should be able to find some good experts:\nhttp://www.1031store.com\n\nFind experts here:\nhttp://www.1031store.com/experts/1031_exchange_experts.php\n\nCalculate your gain here:\nhttp://www.1031store.com/resources/1031_capital_gains_calculator.php\n\nI'm finishing up the front end, so it will even look nicer next week... some really cool stuff...\n\nHope this helps.\nStarke
999150
It's a good idea, simply because homes appreciate over time (maybe a lot of time, but they generally do).  \n\nYou have to take into consideration what the mortgage and taxes and insurance will cost you on a per month basis.  Then you have to figure out if you can rent it for that figure.  If you can, or can get more, is it worth the extra tax for the income?  If it's not, do you need the loss for your taxes?  \n\nRemember, when it's time to sell income property, you have to pay taxes on it unless you do a 1031 exchange, but that just means you're buying into another income property.  \n\nFinding good renters can be hard.  Can you pay for the house if it sits for a couple of months unrented?  Do you hav e the time to really check out a potential renter?  To be a landlord?\n\nThere are a lot of pros and cons.  If you have the time and the resources, by all means, hold on to it because real estate is a great thing to have.  But it's a lot of work too!\n\nGood luck  :)
66123
I sell new homes for a living and I would say an older one.  But make sure you get a GOOD home inspector and warranty to ensure that everything is okay on/in the property and building.
394271
depends on condition, location, size and amenities;  SW probably around 10000 DW probably around 17000 from an individual in good condition.  NADA has a mobile home value guide.  Email me w/ specifics and I'll look it up for you in the NADA guide.
129705
you'll have to prove the whole story. i hope you did a move-in written walk through inspection and took a few pictures as a prudent person would do when renting a house.  otherwise, it's his money.
1113052
Let the potential landlord know your situation.  Also, they tend to look at the score only, not the actual report.\n\nWorse comes to worse, offer additional security deposit.
323723
Hmmm.  The REAL question should be whether to buy (at all) or rent!  (Three years might be too short to cover the costs of the buying and selling transactions.)  I'd guess if you're willing to buy a "fixer-upper" and put some time and money into it, then three years would be okay.  Lots of folks can make good money "flipping" houses like that.  Otherwise, you might be better off just renting.  If it was longer, I'd say go ahead, buy.  If it was any shorter, I'd say definitely rent.  You're really on the cusp with three years....   Good luck.
674076
Ask the county assessor for the land value of the acreage. Then call a realtor who deals specifically with such things. Generally, the "going rate" is whatever you're willing to pay for it.
298659
Your best bet is to contact some local movers and ask them to come and do a survey of your possessions.  They can give you an estimate.  It's impossible to offer any kind of amount without knowing more about how much "stuff" you have packed into that 4 BR house.  We have moved 4 times in the past 8 years and it's amazing how much we have.
769801
Sure you can... talk to a discount broker. You can also throw your money into your trash can for faster results.
812345
I'm just going off the top of my head here without looking anything up, so just use my answer as a guide and not fact.  (Because staring at the code is factual, but sometimes doesn't get you very far in thought.)\n\nThe rental property.  Chop this up into three components - land, building and personal property.\n\nLand, as you know, is not depreciable.  But it should be listed as a separate component of the sale.  \nThe building is depreciable, but will also be under an additional code section, 1250.\n\nThe general rule starts with section 1231 property.  Then, depending on what it is, it might ALSO be 1245 property or 1250 property.  But just to keep things simple, think 1245 = equipment and 1250=buildings.\n\nBoth 1245 and 1250 pretty much say this: When you sell the asset, the amount over adjusted basis, up to the extent of depreciation taken, is ordinary gain.\n\nFor example.  I bought a piece of equipment a few years back for 10,000.  Tuesday, when I sold it, it had a tax adjusted basis of 1,000 (10,000 historical value less 9,000 of accumulated tax depreciation taken).  I collected 5,000.  In this case, ALL of my 4,000 gain (5,000 sales price less 1,000 adjusted basis) will be ordinary income.  \nLet's say I sold it for 12,000.  9,000 of my gain would be ordinary and 3,000 capital gains.  \nNow I'm babbling.  But in a nutshell, you are recapturing the depreciation expense at ordinary, just like you took the expense (over time).\n1250 for buildings has something similar, but not many have that issue anymore (unless they were purchased over a decade ago or so).  There is some special additional tax on the gain or special rate.\nBut the losses are ordinary, thankfully.\nAnd I feel like I'm getting off track here, but I'm trying.  :)\n\nBut onto the land.  It depends.  And perhaps this is where saying more info is needed might help.\nIf this is a separate piece of land accounted for seperately and Mary can prove that she wasn't going to improve anything, then there might be support for the claim that it is a capital asset and the gains are capital.\nHowever, that would be really agressive to me considering it saysing "holding for future development" and if there has been anything substantial done to the property.\nIn short, you will want to check out code section 1237 for reference too although it doesn't exactly fit your problem.\n\nAnd last but not least, I'll clog this answer with an Explanation nabbed from my own stuff.  Good luck on your research and forgive me for such a lengthy answer.  Usually I hate stuffed answers.  Cheers!\n\nReal property produces capital gain or loss on its sale or exchange if it's a capital asset. The main reasons for the exclusion of real property from the capital asset category are (1) that it's property held by the taxpayer primarily for sale to customers in the ordinary course of his business, and (2) that it's real property used in his business. Code Sec. 1221(a)(1) , Code Sec. 1221(a)(2) . However, the sale or exchange of real property used in a business (including rental realty), or the involuntary conversion of such property or real property that is a capital asset, can produce a Code Sec. 1231 gain or loss. \n\nThe fact that real property is held primarily for sale to customers in the ordinary course of a taxpayer's business precludes it from being either a capital asset or a Code Sec. 1231 asset (business-use property). Code Sec. 1221(a)(1) ; Code Sec. 1231(b)(1)(B) . The factual question of whether real property was so held gave rise to intensive litigation. Cases decided under Code Sec. 1231 are covered as part of the question of what property is used in a business. Decisions delineating property that is a capital asset are covered in this subdivision. The special rules of Code Sec. 1237 , allow taxpayers other than C corporations to obtain limited capital gain as to property subdivided for sale under certain circumstance
152512
I think you got the wrong idea about renting, the type of answers in this section deal with renting real property, not personal property.  You may get better answers by posting in Other- Business & Finance or in the Small Business section.
1063171
A copy of the lease contract between lessor (you) and lessee (tenant) is what the lender is going to want to see in order to qualify you for the loan. Multiply the monthly rent x .75 and subtract the mortgage payment on the property. They will also want to see a utility bill in the tenants name to verify it is really rented out and you aren't trying to buy another rental property. \n\nTake all other expenses and add the differnce from above. Divide your total (gross) income and if you get above .45 you may have problems getting approved for a full doc loan.\n\nFYI... there is no way of verifying that the amount you PUT on the lease contract is truly the amount of rent that is being collected. Even in cases where you are using tax returns to document income, you could have upped the rent since the previous years taxes where filed. In no way am I telling you to create fraudulant documents, that would just be wrong...
321574
Okay...\n\nYou've made $8250 from the first 100k, that's established.\n\nThat means you've made another $7000, at a rate of 5%.  (Add $140,000).\n\nSo you've got a total price of $240,000 for the property.