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Can someone answer this Hypothetical question for me regarding 1031 and Taxes.
Scenario
Lets say my Father bought a property for 1,000,000 and Sold it for 2,000,000
1031 Exchanged the sale
Bought two properties fo...
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Good Morning All,I retire from the military in late August. My father owns two homes right next door to each other. One is valued at 225K the other at 240K. Each one has been converted into a two family. My parents li...
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I own a home that has no mortgage and is currently vacant. My wife and I bought it as a foreclosure and we put quite a bit of work into it about 9 years ago. It's in pretty good shape, but it could use a little work (...
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Hi BP community, My husband and I will be selling our California home early next year and are expecting to have capital gains above and beyond the 121 Exclusion of $500K.1. I have a home business and just opened a Sol...
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I listed my first investment property, a 3 bed/3ba near Lackland AFB, on Airbnb Jan 2022. I registered with the city and got a HOT# and provided it to Airbnb. I paid the fee and thought I was covered for 3 years. I as...
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I found a property that has 4 years of county held certificates
2012 $249
2013 $350
2014 $423
2015 $367
If I purchase 2012 and force the property (non homestead) into tax deed auction do I have to pay all the certific...
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Hey everybody!My wife and I are just starting out on our journey. We're gearing up to buy our first property and we've also a unique situation surrounding a property on my wife's side of the family that we're looking ...
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Any advise on this situation: I found a property but according to my skip tracing company the owner have being death for 19 years and the property have not been foreclosed, does not owe any taxes as of today and is no...
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Did a search but cant find any relevant posts.
I buy properties that have tax owed on them. Most of the liens are third party and some are very high. Sometimes the property is worth only 2k and the liens might be 13k...
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I have a friend who sold their Utah rental home in order to fund the purchase of their mother-in-law’s home (also in Utah)—to provide her the funds she needed to live out her last few years. They were planning on ren...