Chris Majors
100% owner financed. Should I rent or sell with a wrap?
I was talking to an agent friend on the phone today and she mentioned that she needed to do something about a property. It has been sitting vacant for a little over a month and she doesn't to fool with it any more. ...
DAVID GAGE
What are the chances I will ever see my money?
Had a tenant evicted last week and he owes over $1k. We have a court order for him to pay but I was curious if I'd ever see my cash. Hes changed jobs 4 times in 7 months so I see wage garnishment highly unlikely. Will...
Levon Williams
what would you do?
hello BP.i have been hanging around here for awhile now as a looker and there is some great information here. that said, my goal is to be a succesfull real estate investor. not a big time one one that allows me and my...
Jonathan B.
Quiet title - Tax Deed
Hi guys,i understand clearing a tax deed title may be tricky,wondering what happens if a property owner or an heir disputes the quiet title process? Does the county refunds the investor? Does he lose the Investment? t...
Account Closed
Evictions - seasonal or random?
Does anyone know if evictions occur with greater frequency in certain times of the year? For example, are evictions more common in warmer/summer months than in winter months? My property manager and I were discussing ...
Ray Hayward
How do I distinguish tax return from Investment Property?
Hello,My wife and I now own a residential property after living in a multi-family we have owned for many years.We each also have a day job.At the end of the year, we always get a tax return.However, we do not know how...
David Woolfork
Short term rental properties
I apologize in advance as I know this topic has been thoroughly discussed. What are your opinions on Short-term rentals? I'm imagine some investors on here have a mix of both short and long term rentals. Do you have a...
Michael Plaks
EXPLAINED: how much can a real estate CPA save me?
This is a follow-up to my last year post where I discussed CPA charges: https://www.biggerpockets.com/...The #1 question we receive from investors who inquire with my firm about our tax services is "How much can you s...
Joshua Myers
IRA Withdrawal and Cost Segregation Question
Alright, I have a question that I can't find information on anywhere. What better place than BiggerPockets to find an answer. So here goes!For 2022 my taxable income is going to be just under 240k which includes; 90k ...
Devan R.
Selling Rental Property - Escrow Return?
I'm currently under contract to sell my first rental property. I have a question on the escrow in regards to my taxes and insurance. Closing is scheduled for 1 May 2019. My insurance was paid out on 4/15 in the amount...