I recently closed on my 8th SFR purchase in 18 months. It's the 4th one I've bought from one particular wholesaler. A day or two before closing, I get a call from the wholesaler's sales person advising that the curr...
I bought a property on the county auction site however the satisfaction of mortgage that was recorded now is found to be not legit, forged and never paid off. I am thinking it was recorded by the seller or the whol...
I really need some help understanding the bonus depreciation tax laws. I have an STR that was placed into service in 2022. Being a unwise, junior investor, I just claimed straight line depreciation for 2022 and 2023...
I'm really new to this and this may sound like a stupid question but here it goes... Can you make an offer on a home that is scheduled for auction prior to the auction date? If so what are the steps I need to take to...
Purchased property in 2017 and sold in 2020. It was bought under my S-corp. I know that S-corps file 1120s but where does the sale of property go? Schedule D or Form 4797? What about the closing costs? I should includ...
I recently purchased my first 4 plex and there are 4 tenants currently living there. Two of the tenants are problematic, however the previous owner signed leases while were in escrow, and at a rate well below market(...
Hey Guys,I'm new to real estate investing and I'm looking for advice on tax deed sales and foreclosure auctions. Mainly on how to beat the crowd and competition through creative strategies. Where can I get some pointe...
Hey all,
Thought someone would find this story helpful or entertaining at the very least. Also advice is also welcome.
A little bit of background on me my experience and the tenant. I have been managing Retail, ...
Hello Can you buy a foreclosed home because i grew up next door to this lady and she has lost the home i even went online to look at the taxes on her home and it says foreclosed because it was owed 4500 in back taxes ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Randolph.
Purchase price: $45,000
Cash invested: $30,000
This is a two unit home my girlfriend and I bought through bank f...