Account Closed
IL Tax Lein Properties
Happy Saturday everyone!Newbie investor here. I'm leaning towards starting in a few properties I've found with tax delinquencies. If anyone has experience with the process requirements for Illinois, that can share som...
Anurag D.
Selling Investment Rental Property:Tax avoidance options and 1031
Hi,We are contemplating selling one of our investment rental properties in a profitable market, and intend to encash all money.We had below queries:Sell Price = Initial Principal Downpayment + Loan + Closing Cost + Ta...
Robert Iovine
Short Sale - Lender approach?
There is a property in my local market that I have my eye on as a potential flip. The current owners are refusing to accept any offer below list as it will require the them to bring money to the table. The list price ...
Chris Laughary
Can use 1031 to offset just part of the gains?
I’m finally selling our first rental property. It was originally our family home but we had to rent it out for 10 years until we had enough equity to make it worth selling. I’m finally selling our first rental propert...
Sarah Jukes
2017 IRS long term capital gains tax rate
In 2017 my husband and I sold our home that we’d owned 4 yrs. AND my mum’s only home which has my name on it too, just because she felt it best to do so. (We bought a diff house and live together)At that time we didn’...
Chris Mcdaniel
Acquiring property through seller-financing
Hi BP. I'm currently seeking anyone who has experience with seller-financing specifically in Texas. I'm looking to acquire as many properties as possible without using any of my personal credit. I've created my LLC an...
Kate Li
Should I go through 1031 Exchange?
Hi,I own a 4 family house where I lived there for more than 6 years. Then moved to another state in the past 1.5 years. I want to sell this house and it’s 1.4mm. The purchase price of the house was 700k and has around...
John LaVecchia
How would this scenario play out?
If I buy a property for $140,000 and 2 years later it sold in a 1031 exchange for $60,000 but I have a loan on it for $130,000 can I buy a property for $260,000 or $120,000? Or am I completely off?
Logan Hampshire
Where to find Notes that are not from a passed around list
Hello, Where can I find Notes that are not from a passed around list that everyone has seen already. I am looking for notes that are from Banks and not from the notes selling companies that are out there. thanks
Jason McDougall
Homeowner wants to stay after closing
Hey folks,I've come across a couple of wholesale opportunities, and both homeowners want to stay for about a month after closing to use the cash to move. How should I handle a situation like this? I would of course di...