I am currently reading the Multifamily Millionaire series and have a question regarding the BRRRR method. If I plan on using a cash-out refinance commercial loan (5+ units) and am going to use a mortgage broker to fi...
My mother-in-law and her sister are likely to inherit a home in San Diego. According to her, the value on Zillow is about 1.2M. She also said that it is in good shape, but has not been updated for several years (I’m...
Hi Everyone,
Ok - Ive reading a bunch on this and seems the consensus is to file a 3115 for missed depreciation if its been more than 2 years.
I did claim depreciation on 2023's return but did not claim in 2022, 202...
As a real estate investment, many people ask about tax lien properties. They can represent a lucrative acquisition opportunity, but it is also a field filled with landmines. This article will focus on what properties ...
I purchased a property at a county tax auction, and rehab the property and put it on the market just to find out that there are liens from the previous owner whom I can't find. What can I do?? the title company is of ...
I purchased a piece of property from a bank that got title through a foreclosure via the first mortgage lien. There was a medical lien put on the property (vacant land now) 2 years prior to the bank foreclosure. My un...
We came across a homeowner that has roughly two weeks till her house goes to tax sale. She owes ~$15k which would obviously need to be paid before the tax sale. It's unlikely we could close on the property in two week...
We are are flipping a house and just put it under contract with a buyer. Their title company just informed me the examiner found a recorded tax lien from a few years ago of over $23,000. The house has been sold twic...
I’m considering buying a small vacant lot that came my way from some direct mail. The seller already has it listed with a realtor. ls it possible to buy with a quit claim deed when a seller is selling through a real e...
Hi all,I’m looking at purchasing a 2-family house—living in the primary unit and renting out the other unit. The percentage split is roughly 67/33% with the owner’s unit being the larger of the two. The rent will only...