One rule helped here (I simplify a lot): you should always count how much money will be left in your pocket after all expenses (including mortgage payments, taxes, fees, utilities, as well as the reserve fund for the current repairs of the property).

I'm attempting to help out a friend's parents who are about to lose their home to back taxes.Is the process as simple as quit claiming the deed to me and then I pay the taxes and hold the property until they pay me back?

I am working a deal to help a developer acquire a tract of land in Charlotte County, Florida. The problem is the county is wanting to charge $15,000 per unit, which would come out 2.5x the amount he is paying for the ...

What are the IRS special tax rules for installment sales(seller financing)?

Can someone please explain the IRS rule that allows homeowners to avoid paying taxes on up to 500k in profit from selling their primary residence?

After that they would own a passive 40% of a rental that would pay them a tax free gain every few years.  

Look not only what it would rent for, but focus on what the net income is after mortgage, property, taxes, insurance, etc.

Sure you have expenses and income tax, but still.......?

Hi Folks,How much did YOU pay your CPA for tax preparation and filing 2016 taxes?

It's frustrating, but with low taxes, relatively low insurance and no mortgage payment, I am flowing about $12,500 a year just from that one house (less than 5 year ROI).