I just talked with an attorney, asking how much to close on a property. They gave me a price (around $1,100), but said that my SELLER would also have to get an attorney , so that he can produce a deed for me. I tho...

HI All, I am planning to buy a property through sheriff sale. Once i do a cash buy, Can i get a mortgage on the property that has IRS liens ?The property has Condo/HOA liens ? Who is responsible to pay the Condo/HOA l...

Hi BP Community,I am new to BP and real estate investing in general. So far the information I have found through this network has been incredible! As I am starting to build my portfolio I thought it would be best to f...

Hello Bigger PocketsI contacted a specific county and they sent me a form to fill out of which Tax file I want. Bolded below is the form they sent along which type it's under. Crazy they are charging hundreds of dolla...

I recently listened to the Podcast with David, Rob, and guest Yamundow.  https://www.biggerpockets.com/...This woman is a truly exceptional woman that has accomplished some amazing things and overcome some incredible ...

I've read that you can file real estate partnerships without actually filing a 1065."The IRS and the courts have stated that mere co-ownership, rental, and maintenance of real property does not create a partnership fo...

I was hoping someone would have started a thread on this already but....
What are your thoughts on the new proposal for monitoring transactions over $600, 
and how could this affect real estate investors??    

I just finished my taxes using Taxslayer, as I have done for a decade. I just noticed a column on a worksheet entitled “ statement of depreciation” for “accum deprec” and I expected the number to be the number of yea...

Hi BP, it's been a while since I've last posted but that doesn't mean I haven't been following the interesting posts on the BP forum.  I've tried searching for answers to my questions on the forum with no luck, so her...

Let's assume you are paying 1k a month to rent an apartment. You then rent out that apartment and make 1.5k a month in revenue. Assume you have no other expenses. Now, let's also say you have other rental properties a...