When buying foreclosures or from auctions, is the buyer obligated to the loans the seller has on the property?
I have the tax certificate for a house in Russell County. The house is condemned and the city is going to demolish the condemned house in the next 6 months. I won't be able to convert my tax certificate into a tax ...
Hi All,
I have a question that I'm sure will make me sound reckless to some of you experienced note investors. Here goes: I've just purchased my fifth contract-for-deed (CFD) and I'm now on a timeline where I save u...
Good Evening all. I'm getting into note investing and have been doing a lot of studying and reading trying to prepare myself as best I can. I was on Paperstac looking at notes and see several of them have "Escrow/Im...
I am hoping a tax pro can help with the proper reporting of this foreclosure scenario.
I purchased a duplex and owner occ in 2005 and held title as a single man.
In 2010 I quit claimed title in to an LL...
What is the difference between loan servicing and loan origination?
Can someone explain something about the buy, borrow, die concept of avoiding income taxes? I understand that you don't pay taxes on borrowed money. What do you do with the profits from the company to avoid income t...
Hi FolksI am trying to figure out who is paying taxes on a particular property. The the last deed recorded for the property has two deceased persons as the grantees. The mailing address for the property points to a pr...
Hi everyone first of all I want to thank everyone who takes the time to share their experiences and knowledge on this platform. It is great to find like minded individuals who love real estate.I am a Canadian with gre...
Hello All! I'm a newbie with much to learn (I'm not even sure if this is the correct community I should be posting to, but I'm sure someone will let me know). However, I'm having this dilemma (or if it's even a dilemm...