Investment Info:
Single-family residence fix & flip investment.
Purchase price: $294,000
Cash invested: $30,000
Sale price: $384,000
This was a bank owned property that we had to pay cash for...
How are tax liens investments being taxed? I am yet to speak with an accountant thus ask the question here to get an idea.
I have bought the tax liens past summer. Most of them were redeemed within the first couple o...
Hello everyone,We need help ASAP! Wife and I are supposed to be closing on a house 6/4 here in Frisco TX. We are the buyers and it is being sold by a relocation company. We just got offered a dream job that would move...
Hi, I was hoping someone could shed some light on my situation. I have been looking at buying my first multifamily property for a while now. I just managed to get two duplexes under contract. I am in my due diligence ...
Hello Investors - to piggyback on my last question about sell or hold rental property, I want to avoid paying capital gains which would be about 25K. Trying to be creative without doing a 1031. Here is my question: ...
Hello,
I have recently been doing research on tax lien auctions here in Kentucky. This information is much more difficult than what I imagined finding. I called my local courthouse and the best answer I received was ...
Hi Guys,I am 72 hours away from closing on a home, and my mortgage company is demanding a "comfort letter" attesting to my self-employment. The CPA who filed my taxes won't touch this and they just rejected another CP...
I heard of someone saying recently that their lease uses non-refundable deposits (really more of a buy-in to use the property for the lease period). I hadn't heard of this before so I hadn't considered it. He said o...
I've lived in this HOA for 2 years, and have had a generally good relationship with the board members. We are thinking of buying a house and may rent out our present condo. How do you think I should approach the ho...
selling undeveloped residential lot. under contract, with a buyer for a cash offer, no option period. 6 days from closing received an objection letter stating they now have lender and they are objecting to survey t...