Bjorn Ahlblad
Recant Purchase of some property neighboring our PR
Investment Info:
Other buy & hold investment in Shelton.
Purchase price: $75,000
Cash invested: $75,000
Beautiful undeveloped land, some meadow, some timber, a bit of wetland; the property abuts ...
Lillian Shi
Obtain a mortgage while you have a recorded payroll tax lien
Just got the prelim title search for a property, the owner has a recorded federal tax lien on early June 2007, that lien is attached to his property, around $110k and he obtain a mortgage by refinance his property( pr...
David Bertolaccini
Inherited real estate
HiBeen a member for a while but this is my first post. I have elderly parents who own a multi family just north of Boston. My siblings and I are looking into creating a trust for the property. Eventually the property ...
Jason Bohling
Possible Tax Upon Sale Following Cash-out Refinance Question
So was wondering about this and didn’t see a straight answer in the forums. Sorry if this is a dumb question. Hypothetical scenario, ignoring closing costs and commissions and fees to simplify things, just trying to...
Michael Dunn
IRS owns the house ,& is owed $55,000 on this house. What now ??
The IRS owns the house via a Tax Lien ,& is owed $55,000 on this house. What are the Options ??My main question is ....... Will they likely except an amount LESS THAN the $55,000 ?Will they take say , 75% of the...
Account Closed
LLC created in Wyoming, not being operated yet
Hello, BP members!Question here- LLC was created last year (Feb 2015) in state of Wyoming, I am the only member of it.However since I am based in Cali, I assume I need to pay 800$ for taxes? If yes- I do it only thro...
Chris K.
Tax deduction question from first investment property
Hi,I am interested in my first investment property but I am trying to understand all tax pros/cons beforehand.Let’s say I get paid through a w2 and also 1099 (self employed) and I have to pay about 10k annually on tax...
Dominique Poindexter
Tax property!? Is it a thing?
Wholesaling tax delinquent properties?? is that a thing? If so how many people have had success?
Dawn Anastasi
Qualified lead?
I posted this in the "starting out" forum because this really isn't my area. So hopefully you can be easy on me.
If someone owns a property, and they have been set to be foreclosed on (the original filing was in J...
Keegan Darby
Hold cash or refinance?
Hi All,
Wanted to get your thoughts on if we should hold a house cash or do a cash out refinance? The details: "All in" after rehab at $145,000
Tenant in place at $1,550/month We can do a cash out refinance into a...