Hi everyone, I've been trying to puzzle through the tax situation for passive investors and thought I'd ask you all for help.
It seems like the main incentives are depreciation and capital gains. An LP using depreci...
Okay, I need some advice from you veterans out there. Here's my lifestyle and financial breakdown: I'm 22 and have just survived my first year teaching high schoolers all about the Krebs Cycle and mitosis. Within t...
Hey guys, sorry to ask about the basics but I tried searching and I can't find the answer in the forums easily. Here's the situation:I have a SFR that I bought as a short sale. The tenants love the place and after a y...
Good morning BP. My husband and I are new to investing and are making moves toward our first property in Baltimore Maryland. My brother does property management and rehabbing on the contractor end, my Mom has a rental...
Hi everyone! My name is Craig Richardson. I'm from Newton, MA. I started doing construction and landscaping as summer jobs back in high school. I really enjoyed working on and around houses and, after accruing a hefty...
I have a 2 quick ones here in which regards tax lien investing. 1). Are tax liens foreclosed on the same way that actual properties are foreclosed on?2). What are the top 10 states with the shortest redemption period?
Hello! I've been flipping for ~10 years now (just very slowly - 1-2 per year) and have done well on each one. I've taken the profits and invested them in 4 rentals (and a personal res) over the course of that time. Th...
I just read the initial listing of some properties on the Wayne County Tax Auction list...It says you need $3K to register...Do you just show up pay the taxes and you get the house? Whats the process of how it works? ...
So - here's a high level run down of how I understand this - and a few questions.Premise - let's say I have about 20k to invest here.Buy - simple, run the numbers, make sure they'll work - in the case of BRRR you want...
Hello I’m looking to buy a condo. There is this one bedroom condo for sale that’s about $100k. I want to buy it because it’s in a prime location and I’m sure will be easy to rent out. I was looking to take a FHA loan ...