Hi Biggerpockets. I found a property at a county tax auction website, while researching i found the property is also on auction.com possibly by lender about two weeks after the tax sale. Still waiting for title search...
I am looking for lenders who can help finance or refi properties that you cannot typically get title insurance for in the first 6 months up to 2 years in some cases. However, you do get a Sherriff's Deed for the prope...
Can I secure a signed lease with the current occupant prior to closing? This will help to avoid a timing problem with leasing the home after closing because fewer people are looking. ...
Looking to by one or two LTR props prior to year-end. Working on building my team around me and trying to decide if a RE focused CPA is needed for "Tax Strategy" at this point. We are W-2 employees with pretty strai...
Hey hey hey, BiggerPocketeers!A friend is buying a new house, and I'm representing her as her agent. I've never sold new construction before, and just got the title commitment. This seems a bit frivolous, since it's a...
Purchased property in 2017 and sold in 2020. It was bought under my S-corp. I know that S-corps file 1120s but where does the sale of property go? Schedule D or Form 4797? What about the closing costs? I should includ...
If a Cost Segregation Study had not been performed on this $4.4M car wash facility located in Marble Falls, Texas, it would have had first year depreciation of approximately $293,200. Thanks to the Cost Segregatio...
I received a list of tax delinquent properties from my county. The list included property owner, parcel ID, street address, amount each bill, and prior year. I assume prior year means a prior year that is on their tax...
I hear a lot of people talking about advantages of self-directed IRAs and understand the tax advantages are huge--not to mention essentially having a higher return without taking a higher risk. However, what does with...
Hi All,Tax question coming up!I recently purchased a property with a friend, all the costs were split 50/50 (Purchase, Rehab, closing and etc) However, the property was purchased under my name only. Considering the p...