Michael Gorence
How or if I need to enter information from a K-1 or file a 990-T
I invested in a syndication deal last year and unfortunately it looks like it will generate UBIT tax at some point. My plan at some point is to transfer this asset into a QRP and avoid the big tax bill. While the inve...
Casey Miles
So I've got a question. BF files order of protection against GF, cops throw the GF out.
So really long story short. Things are apparently not going so well in the home. BF calls me this morning saying his GF has gone crazy and he's going to the court to file an order of protection and he was just calling...
Kenny Layton
If NED is filed by 1st lienholder, does my tax lien give me a right to redeem?
I've been looking into investing in tax liens some and I am wondering if anybody knows what happens in this situation. I understand that each state handles tax liens differently, but here in Colorado investors bid...
Curt Smith
filing taxes on a note that I foreclosed on AND got the property back a low FMV.
I did search BP on this topic. Apologies if I missed a thread! I am almost an expert in RE taxes and self file. Just currious re any unforeseen issues with foreclosing the note AND getting the property back with F...
Account Closed
April 15th is 10 days away! Why Filing an extension is NOT the end of the world.
Tax season is in full swing, and for most individual taxpayers, the looming deadline for filing and payment is Monday, April 18, 2022. However, life can get complicated, and if you find yourself needing more time to g...
Real estate investors love to talk about their successes, but most refuse to talk about their failed deals. On today’s show, we hit both of those points hard when we sit down with Sam Craven to talk about how his whol...
Marcia Dabney
owner injured on icy parking lot, denied insurance information to file a claim by our HOA management company
I live in Colorado, in January or parking lot was covered in thick ice. Three owners emailed management co. regarding conditions of parking lot. One owner fell and shattered her knee cap. After all this, no attempts w...
Brandon Hall
If You Owned Property Prior to 2014, You Are Required by Law to File Form 3115 This Year
Hey BP Investors,I wrote a blog post about the new IRS final regulations enacted January 1, 2014 and I followed it up with another blog post on a special requirement that some landlords may not be aware of - being tha...
Mike Schorah
How likely is it that a bank will still do a loan mod if a judgement is filed?
Started working with property owners who are 60-90 days from auction. Most seem thoroughly convinced that the bank is going to come to their rescue and strike a deal.I understand the denial that’s going on, but how li...
Everyone wants to invest in multifamily properties. (Well, almost everyone.) But with the market heating up around the country, great deals are becoming incredibly difficult to find. That’s why we had to bring back on...