Joe Wood
Inherited IRA Withdrawal Questions
Hey Guys,I recently inherited a traditional IRA (Non-spouse) and would appreciate additional feedback from those who are familiar with what options I would have. I am looking to pull out about $100k right now in order...
Dominick Carney
Seller finance
If the seller dosnt want to sell at the price I am offering and the next choice is a sellers finance how exactly does that work?
Thanks!
Jim Dealut
question about 1031 replacement strategy
I'm selling property in New York where I think the market has peaked and investing in properties in Pennsylvania.
My issue is that most of the properties I'm buying in the new state I'm buying at Tax sale or Forecl...
Laurence Obi
REAL ESTATE TAX EDUCATION REQUIRED
Hi Guys,Seeing as I'm expecting major capital gains over the next year, can someone please recommend a book that talks mainly about taxes as they apply to Real Estate? 1031 Exchange, Depreciation and the likes?Your su...
Venkat Dabri
Penalities due to late tax filing
This year I was heavily strapped for cash due to a family emergency. I couldn't file my taxes on time and I had to file for an extension. Usually I receive a very large refund but this time I had to pay a huge amount ...
Ryan Tell
Eligibility for Capital Gains Tax Exemption
I'm under contract for a new home purchase which will ultimately be my primary residence after selling my current home. I'm trying to figure out the best way to finance and avoid capital gains tax. I would like to use...
Steven Harris
Paying almost 50% to close is normal?
Me again seeking the outside perspectives of those of you who aren't new to this RE investing/flipping venture as I am. So I was told about a simple cosmetic fixer that's off market asking $70k. This sounded like a pe...
Account Closed
Understanding Private Money Loans
Hey BP,My wife and I are self-employed and have a nice savings but because of our taxes (we expense A LOT of things) we're having trouble with conventional loans so we started looking at Private Money Lenders. We're l...
Ramesh Nyberg
Just found a neat tool for IRS liens
I was looking at potential targets in my County's Tax Deed Auction list. The title report listed an IRS lien, but it didn't have any documentation of how much the lien was for. I found this https://irs-liens.com/I sea...
Chi Zhang
Material participation while managing renovations at a remote property
Hi BP, I’m in the process of renovating and setting up my first short term rental. The property is about 3 hours drive from my primary residence and I go there once or twice every week to work with my contractors to c...