Has anyone ever been surprised with unpaid seller taxes in the closing disclosure? How did you move forward in the deal?
Due to the current market we opted not to have the seller pay any closing cost so that was the...
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My in laws want to transfer their property from their name to ours. What’s the best way to do this to avoid any bad tax repercussions. It’s raw land and no house.
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Okay so my wife and I are doing some research into tax liens and tax sales cerificates. We understand that delinquent taxes go to auction and are purchased and the owner of the property has a certain amount of time to...
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This is more of a Tax question, Traditional BRRRR would be Buy, Rehab, Rent, Refinance, Repeat and you have no Capital gains on a Refi but you can only pull out 70-75% of the value of the property LTV. Now, if my wi...
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I've been given the deed to a house(just got to go to lawyer and have all the I's and T's done) and I've found out the property taxes are delinquent. I've been trying to contact the circuit clerk about any possible li...
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I am wondering if anyone has experience with something like this. The property is not a short sale. I got under contract and title reported the owner owes the state $556,000 in income and transient tax (the property i...
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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...
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i have a client that im about to do a short sale.she has several properties and a couple off restaurants. If i do a short sale for her will the bank go after her for the remainder off the balance? 2) does she have to...
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LA county property auction sales are coming up next month. I head property tax liens takes the first place over the other mortgage liens. How do we figure that out ? Even if the property tax liens takes precedence, o...