Bradley N.
Junior Medical Lien Clouding My Title After Foreclosure
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...
Kathy Moser
Form LLC so I can write off upfront costs?
Hi All,I'm going to need to do a bunch of legal and inspection work prior to buying a multi home project. It could run up to $10,000. I was wondering if it makes sense to form an LLC now so that I can pay all these ...
Account Closed
L.A. Wildfires and Their Tax Implications for Affected Residents
Los Angeles County continues to grapple with devastating wildfires that have claimed five lives, destroyed over 2,000 structures and forced the evacuation of at least 130,000 residents. As firefighters persist in batt...
Michael O'Byrne
Tax lien discovered
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...
Carlos Nunez
tax deed auctions
In a Florida tax deed auction.Does it is mandatory to do a title seach in order to find out liens on the property besides municipal or county liens[IRS liens do not show up checking the city web],when and how can you...
Kasey Blow
STR furnishings for airbnb
Wanting to know if the initial expense of furnishing an entire house for airbnb/vrbo etc, 20-30K cost is considered a capital expenditure and not tax deductible or if it would be considered an expense that is tax dedu...
Jeremy Wehrly
Washington Rental Property CPA Needed
Hey everybody, I currently own a rental property in Washington State and I am in need of finding either a CPA or a reference for a good one I can contact. I need to amend a few previous returns and I am looking to re...
Mike H.
Quit claim deed question
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...
Ryan Fox
taking advantage of passive losses
Tax question. I am not a real estate professional. However, I accumulate a good amount of passive activity losses from rental properties. An opportunity has come along to partner or JV with a company that does a nu...
Emanuel Pellot
Trouble Getting an FHA on My First Deal.
I am looking to invest in my first property, and I was looking to buy a multifamily to house hack. I am having trouble with getting an FHA loan because I do not have a 2-year work history. I just started working at my...