This is the first time this has happened, and I haven't been able to get in contact with the RE attorney in charge of my case. I hired him in September and in November I received a check with the exact amount (not inc...
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 ...
My accountant told me that b/c my income is over 150K, the interest paid on my rental property mortgages are not deductible. I would only be able to claim these ductions if my income falls below 150K or when I sell ...
Hi all - I have a question on depreciation recapture as it relates to syndications and calculating after-tax returns as an LP (I am mainly thinking about multi-family here). As I understand it, an LP will have to pay...
The local Property tax sale is coming up in a few weeks in San Diego County, CA, and the list of properties has been released. Is there anything stoping me from approaching the sellers prior to the start of the auctio...
Hi There!I own a commercial building with 1 partner in OR. We are looking to sell, and I am hoping to 1031 my share of the sale but my partner is not. Currently we own the property through a shared, two member LLC.In ...
Hi all,I read the Columbus housing incentives (article here, PDF of policy here). Does it mean that if you rehab single-family in the Ready for Revitalization (Hilltop, Milo-Grogan, Near East, etc) & Ready for Opp...
I just completed my first flip and cleared 10k, I then bought another property and put down 5k on the house. How and when can I utilize the 1031 exchange? I have read several things on this great tax benefit but I ...
Today I finally hit the quarter century mark (25). Did anyone here do anything special for their 25th birthday?
There is a property I am interested in from auction.com in San Diego.I am considering booking a flight since I live out of state and I know auctions are often canceled so I am worried about wasting the effort.On the o...