Victor Williams Jr.
Texas Property Tax Protest
Good Morning BiggerPockets family!Quick question:I own a property in the Valley Ranch area of Irving, Texas. At least once a year I get a letter in the mail about considering protesting the property tax amount that's...
Benjamin Richards
Expenses and deductions this year
I've used TurboTax to do my taxes for several years now. Once the property basis is entered it's very easy.I have six rental properties, and two of them showed a loss on paper for 2018. The portfolio is net profitable...
Joe Delia
Got this regarding a Tenant who skipped town to Texas, any advice?
Joe,
Bad news – Texas has a law that I was not aware of that prohibits wage garnishments. Please see the attached.
I’ve done a little research, and this seems to be a bad law, or at least a bad interpr...
Account Closed
Wealthability & ProVision - buyer's remorse & need advice
Recently, I had an initial call with Wealthability (Tom Wheelwright's new company, closely tied to ProVision). After the initial call, I was presented with an option to purchase lifetime access to their My Tax-Free We...
Timothy Winfield
Does the title company need my SSN to close???
I will be closing on a house within the upcoming days. The title company asked me for my SSN,which raised a red flag. Why do i need to provide my SSN if I am buying the house cash. It dosent make sense. I am domiciled...
Erin Mullaney
Buying a beach town apartment for STR in the off season
I'm considering buying an apartment, 2BR-4BR with 10% down, second home mortgage, in the 450K-550K range. Some stats:- We probably won't be able to find too many vacation renters in the off season. Season starts in Ju...
Rashad S.
Short Term & Long Term Returns With BUY & HOLDS
I’ve always wanted to know what are the benefits from buying and holding real estate. Of course you have your monthly passive income. Butbwhat are some significant tax benefits, returns you can benefit from yearly bes...
Jianzhou Zhao
Who is responsible to check if a tax sale case is valid
Can we assume all listed tax sale (tax lien, tax deed or hybrid) properties are valid cases?For example, I found some properties are owned by non-profit companies exempted from property taxes, and a property has non-p...
Blanca Cortes
Uncertain feeling about irs return tax person and my section8
I'm a Section 8 tenant I got a person to do my taxes I did the non-filers when the first stimulus was announced I filed it twice and certain I messed up. I got my stimulus for 1700 second for 1400 then the 3rd 2800 ...
John Chan
Unique Wholesale Scenario
Hey guys, help me structure this deal here:
I have house under contract for 25k. Needs repairs 15k. Worth 80k.
I was going to wholesale this house for 28.5k via double-closing...