Hi all. I am really trying to figure out how to put in a bid on the Baltimore City tax sale (coming up in May). They provide a format for calculating the bid but no real directions with it. I've got a sample of the bi...
recognizes an installment sale as a way to defer a capital gain on a property sale. This can save on taxes by avoiding a bump up into a higher tax bracket if the seller had a huge gain." How do you pay less taxes by d...
What is a tax sale?In the United States, anyone who owns property must pay some sort of real estate tax to the government. The taxes that are collected pay for public services, such as, hospitals, schools, law enforce...
Hi,I am looking to do a 1031 exchange and am wondering what is the amount of the house I would have to buy to hit my reinvestment goal for the 1031 exchange.the current property: purchase price $515,000sell price :$66...
I am planning to do a partial 1031 exchange but I am confused.- I thought the rules were that in order to do a 1031 exchange I need to buy a property of at least the SAME (or more) value of the net sale of the previou...
Hi all:Can preforeclosure owners in Florida sell their home at any point all the way up to 5 days before their auction date? Or is it right until their final judgement, which usually comes ~30 days before the auction...
Is it possible to buy a foreclosure on Auction.com with financing? I’m pre approved for a home loan and have 20% to put down.
While visiting TL properties in the Birmingham area recently, I came across two properties that I have some interest in:
1. Home that has been abandoned, but is in pretty decent shape. It wouldn't take much to fix i...
What's in it for me?
I'm sure they have. But having a foreclosure on her record and a just recently filed bankruptcy this particular homeowner cares NOTHING about her credit.
She knows that she can't benefit financ...
Hi everyone,I'm selling a SFR and intend to complete a 1031 exchange into something else. Does the replacement property sales price need to be higher than what I sell the SFR for? Or can I buy a property that has a lo...