Why would a bank or anyone take a second mortgage?  If things go bad wont the first lien holder  get everything?    The only thing I can think of is that the market value of the property hopefully  increases past the ...

Hi All!  I'm doing some digging for Probate deals and I was thinking of using TLO to get contact information for the estate representatives. I've tried calling the lawyers before but not much came of that.... If I get...

Two days ago I got a call about a rental property I own Subject To the existing mortgage.  Apparently someone tried to rip the HVAC units out for copper, but were caught in the act.  However, the units are very badly ...

I am selling my primary residence in San Antonio, TX. My wife is Filipino and not a citizen of the US currently, we married in September of 2023.My question: While we've only been married for 5.5 months, can we qualif...

I started using Avalara to keep up with county and state sales & hospitality type taxes. They file the returns and remit payment for me. But I am not thrilled with them. They do a good job not great. Service somet...

Hi everyone,
I am creating a holding LLC with a partner for our multifamily investment portfolio. He is located in VA
and I am in MD. I've heard recommendations to file in states like
Delaware and Wyoming, but he...

I currently have a LLC registered in the state of Illinois. If I were to buy an out of state property, what's the best way to go about holding that property? Can I hold it in my Illinois registered LLC or should I cre...

I working on my first flip and was curious to know what people tend to do for insurance with flips. We bought it in cash so there is no lender but what is recommended for insurance with flips? The project will take 6-...

For 2022, my husband met Real Estate Professional status.  I am a high income W2 earner.  We filed an extension for 2022 taxes and are just finalizing them now.  Our CPA says that if I cost segregate and bonus depreci...

Hello.  We have a single member LLc that elected to be taxed as an S Corp in 2016.  While reading through the Florida Corporate tax information I find places it says we do need to file a Florida Corporate Tax Return, ...