I understand at the end of the year when you do your taxes the profit you make on the flips will be added to your yearly income and potentially bump you tax brackets, but where is the second tax?

If you’re not sure how, call the “We buy houses numbers” you see on signs or get on postcards and tell them you want to be added to their buyer list.

@Denise HolderYour friend should pay the back taxes, keep receipt so it can be added in to the final payoff and talk to an attorney in real estate litigation about moving forward with foreclosure notices/filings depending on the promissory note and if it's secured against the park or not.

You as the landlord can't (or rather shouldn't) be added to the renter's policy as an additional insured party because the insurance policy is not yours.

For a house flip, any expenses would generally be added to the "basis" of the asset.

I may just be adding this up wrong.

After a lot of research, we'll be adding one of these to our portfolio in the spring on 20 acres that we have.

In the future it will be added to our rental portfolio but as for now i just say we have no property other than our home.

For the last 6 months lenders have been pitching low cost refi as the rates drop, and guess what recent changes to loan level price adjusters will be adding a .125 to .5 percent to most rate and term refinances.

Specifically, excavation and 4 layers of rocks would need to be added to prepare the land and that is driving the cost to a bit more than $100 per sq ft.