Jeffrey Hicks
Tax deed’s investing
30 January 2024 | 1 reply
I’m looking for some guidance in my area on purchasing tax deeds and how to go about obtaining a tax deed auction list I called the county and city hall and everyone is telling me that they don’t sell tax deeds if you pay off the deed it stays in the original owner name if he alive or dead and even if he owes taxes so I’m lost here on even getting started please help or we can even partner up
Patrick Thomas Dickinson
Avoiding capital gains home sale
30 January 2024 | 8 replies
HelloAny tax savvy people / cpas out there want to help me out.
Jeffrey Hicks
Tax deeds and lien course
31 January 2024 | 0 replies
Has anyone try these courses and if so which one is wroth the time and money surplus funds and riches / USTLA course
Jack Elliot
Recommendations For Investor Friendly Tax Pro?
30 January 2024 | 5 replies
hello, all 👋In or around Springfield, Nixa, or Ozark, Missouri, I'd love a referral for a real estate-knowledgeable tax accountant who I can get I touch with as a new small multifamily property investor.
Shannon Carter
401k withdrawal to invest
1 February 2024 | 3 replies
Since he’s 62 I know we can withdraw with no penalty, but is there a way to avoid taxes ?
Andres Ruiz
Subject to Financing
2 February 2024 | 21 replies
Hi Fulton,Did you suggest the CPA's to help with Sub To deals, or in general with accounting and tax services?
Jake Winters
Exiting a real estate wholesale company
31 January 2024 | 1 reply
Similar to any other business, what are the assets/liabilities, how much does the business generate?
Alex Goldenshtein
Foreclosure in Wake County
1 February 2024 | 2 replies
-is it a Property Tax foreclosure?
Tony Pellettieri
New Construction HML in Foreclosure Proceedings - Needs Help
1 February 2024 | 1 reply
Based on a rough analysis for a project timeline, I believe the total project can be completed in 5-7 months with the team I have available if we get involved in completing the work on the project.Deal Analysis as a whole - Actual Costs may be slightly different but estimates should be fairly closePost Construction Estimated Market Value - Lot 1: $379,000 Lot 2: $307,000 Total Estimated Market Value $686,000+- $102,000 - Cost to payoff HML & Previous Builder- $154,800 - Estimated Cost to complete House #1- $170,370 - Estimated Cost to complete House #2: Includes New Well/Septic $7500, Impact Fees $2100, Permits $1000= $427,170 - Estimated Cost to Payoff HML, Complete Construction on House #1, and Construct House #2+ $686,000 - Total Future Market Value- $20,580 - 3% Buyer Agent commissions as the current owner(Listing Agent) will be listing these properties without compensation- $2,538 - Real Estate Transfer Taxes- $1,500 - Settlement Costs Paid at Closing______________________________________________ $234,212- $27,900 - Payment to Seller for Down Payment made by seller to HML @ Origination (For her to break even)= $206,312 - Potential Return before any Interest/Fees/Taxes/EtcI've spoken to a few HM Lenders and ran rough numbers by them.
Corey Conklin
Trying to buy a house from a family member
1 February 2024 | 6 replies
Of course, it depends on her needs, but it could be beneficial for her tax / income purposes if she discussed it with her financial planner (I'm not a CPA).The possibilities are pretty much endless with seller financing, to make it exactly how you both want.