Hoping someone can help clarify a few questions I have regarding Florida Sheriff Sales. When a property is auctioned off at a Sheriff Sale, does any pre-existing mortgages follow the property and the new owner is res...
I’m purchasing my first Investment property and will be using the BRRRR Strategy. I’ll be buying it with Cash, and then Refinancing it later. Because, there is no mortgage on the property initially, my Insurance Rep ...
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*This link comes directly from our calculators, based on information input by the member who posted.Hello,Looking to get some recommendations on this property to make it a more profitable scenario. It is ...
Investor in her mid 70's has a rental house. It's been a rental for 10 years and she's never lived in it. Her basis is $170K and its market value is $300K. She does not want to invest in more real estate. She wants to...
IRS CP2000 Notice: Why Real Estate Investors Need to Think State & Federal
Quick story that could save you thousands in tax exposure...
Had an investor client who received a CP2000 notice for unreported rental i...
Had a few questions about structuring a partnership deal. Found a property (third) that I’d like to buy and hold. Talked to my lender who also happens to be my neighbor about all the numbers on the property. I’m sligh...
I've heard a lot about the benefits of depreciation and forcing as much into it when you first buy the property, but how does depreciation recapture work and is it something that most investors ignore because they pla...
Hi, I am a young wholesale/fix and flip investor in the Brevard/melbourne/Cocoa/Merritt Island/Orange county area and I have what may be a great but also obvious question. I've watched videos on how to target tax deli...
I'm currently under contract for a property (first time buyer) that has a duplex and a garage that was converted into an office space. All units are currently rented. The location is in an area that consists of commer...
I am in the process of building a duplex on Panama City Beach, FL. The property is in an unincorporated (Bay County) portion of Panama City Beach with water and sewer being supplied by the City of Panama City Beach. P...