The program required half of the profits from the sale be paid back into the program. A check was wired to the county at closing by the settlement company. Do I add this payment to the closing costs? The 1099-S I was ...

Hi everyone!I currently have my real estate license and was working with a big broker in Lansing, Michigan.  Being a real estate agent has been a side business for me as I have a full time career.  I was with a bigger...

I currently have an apartment that I didn’t receive rent for about 8 months ( eviction process) When I asked my account (CPA) he informed me that we would not pickup the income on the property. So we are not paying an...

Meet People with Experiences Similar to Your Own: There are many organizations (both free and paid) out there that you can join such as BiggerPockets forums, local real estate meetup groups, The Entrepreneur's Organ...

I am in TN. My property was taken out of my house when they changed the locks. I am in foreclosure, I have moved out, some of my property was still in the house as I haven't been able to move it yet, I haven't receive...

I'm a new investor-really new-as in I've just finished chapter 7 of the Ultimate guide. I have a question about the 2% rule. Why is it that we say rents received from the property equals only 2% of the purchase price ...

I am looking to purchase a property through Homesearch in Illinois.  Nationstar received a sheriff deed back the middle of 2014.  Subsequent to them receiving the deed, both the city and the local sewer district have ...

I have a question about cryptocurrency and tax implications. 
Suppose I am paid $10,000 for a job or service I perform and receive the amount in Bitcoin. 
I understand that I need to treat the $10,000 in bitcoin as ...

I have a seller that is a future p.r.  The owner to date is willing to sell.  The owner had been in a nursing home with a brain tumor for 5 years.  Is there any loop holes where they could sell the house.  Maybe put t...

Hello everyone, I'm in need of some guidance. I bought a 5-bedroom, 3-bathroom property in Orlando near Disney World for short-term rentals. It's been a year, and contrary to my initial profit projections, I've been c...