If I were to purchase a property at the auction that is foreclosed for first mortgage but has code enforcement liens, will the code enforcement liens go away after I win the bid and pay off the mortgage or do the liens stay on property and I am responsible for them?

The land owners would move the property ownership in to an LLC.

Hey Yi, If you invest in a multifamily property through a Roth IRA, you will not receive the same tax benefits as you would with personal cash, such as depreciation deductions.

, my ID and documentation that shows that I am the owner of the property such as a closing statement.I called again this morning, Monday, only to be transferred to voicemail, so it looks like customer service for when your account is locked in non existent.

I will be recasting my old mortgage to the new property.

Short Term Rental Properties Investment blog has been updated with a dynamic approach to elimination of debt and usher the audience into the arena of DIY investment strategies.

I’m pursuing my first investment property and I’m a bit unsettled after recent events with my Realtor and their team. 

@Michael Plaks Could I start a project as an investment property, take the depreciation in 2024 taxes, then recapture in 2025 taxes but plan to invest in RE that year to offset the recapture?

If you were to eventually move out of the property and rent it, your tenant now pays off your debt.

Purchase price: $630,000 Cash invested: $30,000 I was selling another property and used the 1031 exchange fund to put down the downpayment for this property, and it was cash-flowing from day one.