
1 February 2025 | 12 replies
Quote from @Eduardo Perez-Borroto: Since the HELOC was not used on improving the home you cannot deduct the interest, nor use that to offset your capital gain.Would adding a battery bank system to my solar panels count as home improvement?

27 January 2025 | 9 replies
Unlikely to be any tax due if this is your first gift, but it will count against your lifetime exclusion down the road.

16 February 2025 | 44 replies
And the fact that your post had at least three votes for it when I posted this shows that there are lots of other people who would probably be losing in PA under those same assumptions that just happen to be FALSE in Pennsylvania.Pennsylvania has some rather complicated rules when it comes to tax sales; the particular type of sale that the OP purchased at is one that does not divest any liens; it simply changes the party that is the owner, with the new owner taking title subject to all liens and encumbrances of record.With tax sales, the buyer must be aware of all the local rules under which the tax sale is being conducted, because the rules vary all over the place.Now, what the OP seems to have failed to do in his research was to cross index the recordings at the county recorder; the "missed" mortgage would have showed up on a search by parcel number if that sort of cross check was done (and assuming all indexed documents at the recorder are properly indexed of course - I have seen mistakes made attaching a document to the wrong parcel).

20 January 2025 | 2 replies
I have a few follow up questions:1) What's an example of "get referrals and cross reference them to get as much accurate information as possible"?

22 February 2025 | 83 replies
Quote from @Sacramento Juarez: Quote from @Cameron Gardner: @Mark Thomas@Teddy Williams So far I count 10 of us.

10 February 2025 | 71 replies
I've known new investors who have lost more than $50K on coaching programs so count your blessings and learn from your mistake.

1 February 2025 | 14 replies
Once you cross the tracks into downtown Wilkinsburg it gets a lot rougher.

24 January 2025 | 1 reply
Here were the results:Sales Growth: As you can see, Raleigh and Durham are VERY different in terms of Existing Home Sale Counts YoY.

4 February 2025 | 5 replies
This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

24 January 2025 | 3 replies
@Chantelle LewisRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.