I recently went to a tax deed auction. Two incidences popped up. One during the auction & the other after the auction.Incidence 1). A gentleman(the only one) put it a bid for one property. The tax commissioner hap...
There is an abandon property in my neighborhood that I want to buy and rehab. It has been an adventure tracking down the owner and I have reached a dead end. I’ve talked with the county auditor, probate officer, attor...
Quick question all! What tax deductions do you take on a STR managed by a PM where all you get is 1099 at end of the year for the final payouts made ( after deducting all fees). TIA!
My sister and I just received an email that the calculation of real estate taxes on the sale, completed this past September, of the house our father left to us, was done incorrectly and we have to settle it with the...
Greetings BP,I'm not giving any advice here, legal or otherwise, just sharing a reminder / FYI as October 3rd rapidly approaches, which is when the new TILA-RESPA amendments goes into effect. I've included a few links...
Hello,I have a deal I am structuring that will be a seller finance deal in Sacramento. What do I need to finalize all of the documents? The unit is currently listed with an agent will there be a fee to take it down or...
First let me say I have been lurking in this site for a while and I have been reading about tax liens in Maryland for about a year .When it Finally came down to the day of the tax lien auction It was a fail. My pla...
When you write up your profit and loss statement, how do you break down the mortgage? Is the interest, taxes and interest the only loss? I'm assuming principal is not written in the loss category even though it goes a...
Does anyone know if the new ruling will include the change from 2 years to 5 years of homesteading a property to avoid capital gains? Is there a "grace" period? If it does pass, what would be some of my options? We...
Hi,
I am an out of country potential buyer in a rental property in the US. I have some concerns and questions:
1) Any advice as to how to start? For example protect myself from buying a slum or a money pitt. I am lo...