John Morgan
Anyone ever get audited by the IRS?
Just curious if anyone has ever got red flagged or a random audit from the IRS for their rental investments. I haven’t yet, but wondered what that experience was like. I keep good records, but hope I never have to go ...
Andrew Gomez
Ready for my first Buy and hold How would you proceed??
Currently, i have been saving for the past 2 years in order to be at this point ready to purchase a house with 25% down on around a $270- $300k Home, I am investing in San Antonio Texas,
If you were in my position s...
Gordon Olson
Section 8 Housing Requirements in Minneapolis
Before I choose any duplex properties in Minneapolis it looks like the recent reversal requiring (I'm putting it delicately) landlords to house Section 8 tenants was reversed.I'm not keen on the idea of being forced t...
Maynhia Stott
state that offer OTC tax liens and deed
Hello, I'm new to tax liens and have pinned downed my goals for tax liens investment. I would like to concentrate on OTC liens and deed. I researched states that offer OTC with high interest rates. Can you anyone tell...
Christen G.
Inheriting tenants - terminate and start fresh, or...?
What's everyone's opinion on inheriting tenants? I've heard a lot of strong opinions on "terminate immediately and start fresh." That's usually based around the theory that this way you can screen the tenants, gets r...
Scott Johnson
Brittany Ridge Subdivision
Investment Info:
Single-family residence wholesale investment.
Purchase price: $154,500
Sale price: $168,000
A client reached out to us because they needed to move to Kentucky because they'd gotten a...
Tim Cooper
Looking for co wholesaler in Jacksonville FL
Hello all!I have been in contact with a motivated seller (mother died, inherited house) who is looking to sell their 3b/2b home in Jacksonville. They have not listed it anywhere yet. I have walked through the property...
Kevin Bartlett
Creative suggestions needed -20 single family home deal
Okay,
I have met an older gentleman who owns and is looking to sell 20 single family homes he owns free and clear. He is worried about the taxes he is going to have to pay since he has already fully depreciated all ...
Donzell Pinkney
Red Hot Southern Maryland Market!
Investment Info:
Single-family residence buy & hold investment in Lusby.
Purchase price: $165,000
Cash invested: $20,000
Sale price: $320,000
This investment property was a h...
Steven Violano
Tax and other advantages of owner financing to pitch to a seller
A close friend and her two brothers, all retired or close to retiring, just inherited their mom's house. When I look at this house tomorrow I want to present a win-win to the owners (I've never met the brothers). If t...