Quick question, if i have 10k of liabilities, how do i show that on my 1120s, specifically which line?  It's an operating expense.. 

Just came across a note(would be my first one). Believe its a re-performing and I just want to get my feet wet. I managed to find out that the taxes has been paid on the property. 1. How do I find out if the mortgage ...

I see these kinds of properties occasionally. Where the owner somehow managed to borrow twice the market value of the home at the time of the loan. This is before taking into account unpaid interest and late fees.For ...

Hi Everyone,My name is Ami Soni and I am from the suburbs of Chicago area. I am approaching my first deal and looking for more information on using 401k savings as down payment without the penalty? I believe I've hear...

i currently own a property that is considered to be in a "flood zone". i dont consider it to be a flood zone myself as there is a small stream in the back yard that is not tidal and it has not flooded during irene, sa...

My neighbor passed away two weeks ago and I just found out that he had a reverse mortgage on his home. I am wondering how I can go about purchasing his home? What the process would be and with the purchase price would...

My mortgage was sold to another institution last year and it seems like they handle escrow differently. My previous bank would pay the taxes and insurance when due and collect those balances equally throughout the yea...

Hello, I have been seeing increasing opportunities recently to bid on non performing notes on commercial properties that banks are trying to offload.These notes usually have the following characteristics:The note has ...

Hi! Couple questions about sheriff sales in PA. What are the terms of the “redemption period” of Montgomery county, PA? Can someone tell me if this is correct: if the owner redeems they have to pay the full bid price,...

I am pursuing a HELOC of $65,000 on my owner-occupied duplex and was wondering how this will affect my DTI ratio when applying for future mortgages.For normal consumer credit cards, the lender adds up the minimum paym...