All Forum Posts by: Raj G.

Hi,

I am looking for CPA or any tax accountant who can help in tax filing in NJ.

I have S-Corp also do some private lending as well.

Thanks

Hi, Hope all doing well, Just wondering,

if you do private lending, what points you charge and what rate you charge on short and long term landings.

for example 3 months or 1 year loan.

Do you do first lien only or do 2nd also.

Your experience so far.

Thanks

Thanks @Jay Hinrichsundefined and @Jeff S. appreciate for your help. Have a wonderful weekend.

Hi, I am lending money to my friend. It will be recorded by title company as first lien. so my question is  who keeps the Original signed documents after recording.

It will be kept with title company, or as a lender I should have original documents.

I did lending before at that time I didn't get original documents , title company just email me digital signed bundle of all documents.

What is benefit/loss(if any) if I as a lender insist for original documents.

Thanks

if the tax due is $2000, you over bid say $2500(in bid war)...so you will get back $2000+ interest on $2000 if redeemed.

Property owner doesn't care how much over bid you did, he will get his property back by paying due tax ($2000) and interest.

If we lend money to some investor,  we can get 12% almost pure passive return...Any better option?

Hi, I was doing research on online tax liens, also did many bidding.

My observation is on the average return is 3%/year (after bid war).

so until you are hoping to get property(non-redeemed), where chances are less than 1%, I don't see any good return.

looking for other people's opinion and experience, what return they are getting or expecting.

Thanks

Hello Friends,

I know different people different opinion.

but, Just wondering what book you liked most on tax liens.

Thanks

@Joanne Tsai how much money Biden will give per family/head and how much student loan he will waived off, the way home prices are high today, not sure it will make any impact.

Hi, Just trying to know experience on private lending .

How much interest rate charging with or without points, what is risk, how to minimize/mitigate the risk.

any negative experience, if yes, what was issue etc.

How to track payments, can we link payment with credit .

Thanks