soccerboy’s Activity

Mon Jul 13

NL

Boards Post

soccerboy posted to the Real Estate Investing board. 12:30 AM

funding options

what are some acceptable methods to help a family member with purchase of a home? I've heard about gifting for a portion of the down payment and being a non-occupying co borrower. Are there other strategies to assist?

Thanks,

NL

Boards Post

soccerboy posted to the Buying or Selling a Home board. 12:24 AM

funding options

What are some acceptable methods for assisting a family member with a down payment or monthly payments?

I believe we can gift him some $ for the down payment and become a non-occupying co-buyer on the loan. Are there other creative [more]

Mon Jul 6

NL

Boards Post

soccerboy replied to the Owning Rental Property board. 7:15 PM

Re: income property analysis

Jack

Thanks for the reply. I've searched for FAQ's for this board but did not locate them....can you advise on where to find it?

NL

Boards Post

soccerboy posted to the Owning Rental Property board. 12:34 AM

income property analysis

Does anyone have a spreadsheet to evaluate a potential income property that they'd share? We are starting to look for a duplex or SFR for renting in the LA/Orange County area.
Would appreciate any tips you have.
Thanks

Fri Jun 19

NL

Boards Post

soccerboy replied to the Buying or Selling a Home board. 8:05 AM

Re: house purchase options

Based on some of the replies above, what considerations would tip the scale toward buying instaed of renting (in general, not just in this example)?

Tue Jun 16

NL

Boards Post

soccerboy replied to the Saul's Investing Discussions board. 7:36 PM

Re: You get it here for free!

We should all find a way to chip in and buy Saul a nice lunch or dinner, at a minimum.

Thanks Saul!

NL

Boards Post

soccerboy replied to the Buying or Selling a Home board. 12:09 PM

Re: house purchase options

peter,

I'm learning a lot reading your posts. We have and will consider the items you're pointing out.

Trying to learn more about the financial/tax side of the equation.

NL

Boards Post

soccerboy replied to the Buying or Selling a Home board. 2:35 AM

Re: house purchase options

Peter,

Yes the concern is "throwing away" the $ on rent. If he pays a mortgage there's the tax advantage and possibility to participate in market appreciation, whatever that may be. To help that along we're looking for a property [more]

NL

Boards Post

soccerboy replied to the Buying or Selling a Home board. 2:30 AM

Re: house purchase options

Thanks for the reply.

The pros and cons is what I was looking for. I'll do some research on the $250k tax free opportunity, I assume the $250k is a lifetime limit or if your gain is less you lose the rest (ie., gain is only $100K, can he use [more]

Mon Jun 15

NL

Boards Post

soccerboy posted to the Buying or Selling a Home board. 12:53 AM

house purchase options

Hi,

We're looking for a fixer house for my son to live in while we fix it up and will probably sell it approx 14 to 18 months after purchase. Hoping it will be better than him continuing to pay rent elsewhere. We will work together on the [more]

NL

Boards Post

soccerboy posted to the Tax Strategies board. 12:52 AM

purchase options for house

We're looking for a fixer house for my son to live in while we fix it up and will probably sell it approx 14 to 18 months after purchase. Hoping it will be better than him continuing to pay rent elsewhere. We will work together on the finances as he [more]

CAPS Stats & Trivia

CAPS Player Rating < 20
Player Rank 0 out of 75193
Score 0.00
Score Change Today 0
Accuracy 0.00%
Active Picks 0
Total Picks 0
Best Pick ( 0)
Worst Pick ( 0)
Average Score per Pick 0.00
Charms Earned 0
Highest Rated Favorite No Favorites Selected
Go to soccerboy’s CAPS page

Boards Stats & Trivia

One star, 50 posts Old School Fool
Board Posts 159
Recs Received 34
People who have rec'd these posts 26
Recs to Posts Ratio (last 30 days) N/A
Threads Started 54
Threads Started Percentage 33.96 %
Most Frequent Board Tax Strategies
Very First Post Roth IRA conversion (9/25/1998)
Percentage of Posts Rec'd 10.69 %
Show soccerboy’s 10 Latest Posts