Hello everyone. I plan to wholesale property. My offer was verbally accepted by the deceased owner's daughter. There are back taxes owed on the property. I informed the woman that the back taxes will need to be paid o...
I recently read some advice that you should never purchase a tax lien in your own name. Well, before reading this advice, I had already purchased about a dozen tax liens in my own name. a few of them have redeemed.Now...
Advice please, I am selling a small, now vacant, piece of residential land for 11k in Pennsylvania. I know I can do this on my own without a title company or lawyer, though I will use a lawyer for about $150 to prepar...
I have bought 2 rental properties in Michigan with 3 other partners. We formed LLC using zen business online. I am trying to transfer the deeds of the properties to the LLC with help of a lawyer. He wants me to get an...
Greetings! When my mother passed away, she was a co-owner of an office space condo property. Because it was a “tenants in common” property in Virginia, I became co-owner of the property as her sole heir. This was in 2...
Hello !I am excited to join this awesome forum, I have 6 rentals but I am newbie to auction business, I have been doing lots of research so I realized the importance of pulling title report before bidding, I paid a T...
Curious for suggestions on great tax and business attorneys. I live and invest in Omaha, Nebraska, but I’m informed that I don’t necessarily need a tax attorney from the area. For example, I’ve heard great things abo...
Hoping that someone would have an idea on how to navigate this situation. My grandparents passed away some time ago and they did not have a will. They have three children, one of which who lives in their house (my unc...
Is it possible to avoid paying capital gains if i get a life insurance?I heard life insurance has 3 benefits1. It pays you 6%.2. Your money is untouchable.3. Tax shelter
Hi BP, I ran into a situation like: I have several properties in Orlando and I'm currently living in LA, California. My PM suggests me to put all my properties in either LLC or Land trust for better asset protection a...