Okay, so when a person facing foreclosure gets bailed out by an investor who works a short sale, are the sellers free and clear?

I know they will get a credit ding of about 70pts and possibly sent a 1099, but what a...

Any advice appreciated!I was gifted some inheritance when my father passed in 2012 and used the money to purchase a house. Unfortunately at the time we made the offer the money was still in my mother’s account and our...

Hi BP Community,I want to get your take on a possible career change and see if you’ve found some of the assumptions I’m making to hold true. Currently I’m a tax accountant. I specialize in exchanges and partnerships (...

We are finalizing our new private equity fund to acquire both first and second residential NPLs. Our current tax accountant has provided us info on the phantom income component which can result if performing a "signif...

When doing my own personal taxes, I filed the first few years on my own without any software (this was before my life got busy).  It was a great way to learn how to do my taxes and most of my issues were adequately ex...

Hey guys,So I am analysing properties in Houston and when I look at various websites, for instance realtor.com, they usually have a number for how much the property taxes are for that property. One can also check the ...

Hi BP family, what is the best taxation status for an LLC with 2 members, s-Corp or partnership?

HI..... MY AUNT WISHES TO HAND OVER THE RIGHT TO A HOME IN SOUTH JERSEY THAT MY GRANDMOTHER HANDED OVER TO HER. I WOULD LIKE ADVICE IN WHAT TO DO WITH THIS OPPORTUNITY. I WAS THINKING I COULD USE THIS  PROPERTY TO PRO...

Hello all, I just went under contract on my first duplex and I will be owner occupying it with a 5% Mass housing loan (Similar to FHA). I am looking to accomplish a couple of things and was wondering what experience y...

Hello All,My name is Jay Graves and I currently live in Dallas, TX. I am looking to start my real estate investing journey in the very near future. My main focus is to pursue the "Buy and Hold" strategy and become a l...