I have a relative in NJ who is in a reverse mortgage, but because of unpaid taxes, has received a notice of impending foreclosure. Prior to this happening, is it possible and legal for me to act as a wholesaler for t...
Hey there!Is anyone in Texas having much luck with their property tax protests? If so, who do you use or do you handle the protest yourself?When I say "much luck" I'll give a couple of examples of what I saw last year...
Hi all - I have a question on depreciation recapture as it relates to syndications and calculating after-tax returns as an LP (I am mainly thinking about multi-family here). As I understand it, an LP will have to pay...
I want to buy my 1st rental. I own a house already free and clear and i dont have the two years of w2s lenders are asking for. I have been working a year and my income isnt that high. Any suggestions on how to get a l...
Most of us are aware of the potential tax benefits with owning a STR and some of the rules regarding material participation. I was wondering if you purchase an STR in December and perform a cost segregation study and ...
should wholesales be done under my LLC or separate under my personal name. Trying to safe as much money as I can tax wise on every deal
Hey guys, i was hoping to get some answers in this particular situation. We got this property under contract with seller financing almost 2 years ago. Placed renter in there. Right now going through refinancing mortga...
So I love the 50% rule for scanning listings prior to modeling them in a spreadsheet.
I understand that the NOI is the money left after expenses, before debt service.
I find myself wishing I had a conservative rul...
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...
Have you ever had any resistance evicting the former owner of the property prior to the sale from a JP court during the 2 year redemption period?Example:Jonh Doe lives at 123 Fictional Street with a homestead exemptio...