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I am thinking of listing my primary home that I purchased in June 2015 (1 year and 1 month ago). I've remodeled the kitchen, master bathroom, and half bathroom since l purchased (about $15k). If I sale my home for $25...
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Hello BP,I just want to make sure I understand this clearly and any input would be great. In a wholesale contract it says:PRORATIONS:Real property taxes will be prorated based on the current year’s tax without allowan...
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After 3 years, IRS has figured out that I owe they some money. They send me a tax bill claiming that I owe them $500 from 3 years ago. IRS is claiming that I made and didn't declare capital gains in 2010.
I a...
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Can you sell your house for total debt owed in the middle of short sale proceeding?I am interested in a home, found out its going through foreclosure as of 10/15, I checked with the county and $171k is owned to lender...
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I’m planning on purchasing a property from an owner/tenant for what they currently owe on the property. At the moment they owe something like 10% of current market value on the property.I am assuming the additional 90...
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when a tenant buyer comes along and say give you a $10,000 deposit for a property that you're lease optioning to them, what happens to the deposit, some people say it is yours it is nonrefundable, but does'nt the end...
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So hearing everyone talking about doing cash out refi's to buy more property I did but it came back to bite me in the butt.I bought a rental house back in 2012 and naturally values went up so after a couple years I di...
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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 ...
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Hi Guys , first off I appreciate any insight given, so thank you in advance. I kind of had a snowball year with my income and it wasn't expected at all. I am dreading the taxes that are going to hit me. I ended up sel...
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I loaned money to someone that has a property that is going to upset sale in Pennsylvania his property currently has no mortgage. If I get that person to sign a mortgage against the property before it goes to tax sa...