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Pretty basic question for the seasoned vets:I have a property in PA in my own, personal name that I’m looking to let go to tax sale. Will this affect my credit reports in any way?
I just had my taxes done and my CPA didn't take off the land value of the property and depreciated the total cost of the real property. I don't think this is right. Can anyone help me out on this?Thanks
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I live in the Austin, TX area and would love to start investing in real estate. My only issue is the lack of money. After doing extensive amount of research, I concluded that wholesaling would be my solution. I'm ju...
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So, I have read several books and posts on here concerning offsetting income tax with passive loses or depreciation from rental properties, but I am still a little unclear as to how that all works and if I can actuall...
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Question about the California Claw Back Rule:We 1031 exchanged California property for Hawaii property. If we 1031 exchanged tin Hawaii property for another one do we have to pay tax on the money deferred?
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Have a deal, subject to mobile home with bank lien, Not payed off, Seller just bought 2 years ago & I am taking over but reading about the title transfer need consent from lien holder. Has anyone done this or a wa...
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Looking for any advice on dealing with mobile homes. I have a potential lead in the Baltimore area and I know absolutely nothing about them. My understanding is the sales process is more like selling a car than a home...
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Hi Guys,I have recently started out in wholesaling and have been doing some extensive reading and research and had a few questions to ask someone who has any experience in this field. I have purchased a list now and w...
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I imagine there are some very specific tax strategies for non-performing note investors. For example, if you purchase a $500k legal balance (unpaid principal + accrued interest/fees) for $200k, then rehab and sell the...
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Hi,
I have 5 acres that would make an awesome building site out in the country. Someone has expressed interest in buying the land contract for deed and putting a double wide mobile home with a permanent foundation on...