Mike Nelson
City liens on REO -How to deal with them?
Whats the best way to deal with code/maintenance liens from city municipalities that are recorded as liens on REO, you know the $250/day liens. Some of these REOs im looking at are vacant since 2011 and the lien was ...
Aaron Cabrera
New and Fired Up: My Journey in Real Estate Investing Begins!
Hi. My name is Aaron. I'm currently on week three of studying for real estate investing and it's starting to really grow on me. My cousin, brother, and I are focused (but not limited) on mastering the BRRRR strategy. ...
Steven J. Hawkins
Flipping of Houses
Hello everyone! My desire is to buy and flip houses in the near-by future. What amount of savings would I need to accumulate in order to start effectively? and, For my first flip do I go small or big when referring to...
Mark Kao
crossroads of investing
I just turned 37, I calculate I have a current net of around 2 million or so. Most of it is in real estate with 4 properties (including my primary). There doesn't seem to be any attractive place to either invest or pa...
Jason Burton
Ebay
BP,
I was perusing antique furniture on ebay and noticed they have a real estate section. Has anyone purchased or sold any type of real estate on ebay? I would love to hear about it.
Shane Montgomery
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.
Kevin Schulte
Does the capex depreciation follow a new owner?
Hello!So my question is , lets say a property had a capital expenditure which they were allowed to depreciate over 15 years. 5 years later the property is sold to me.Do I inherit the next 10 years of depreciation tax ...
Sam Leon
Is paying off a mitigated lien to the city a tax deductable expense?
I am in the process of purchasing an REO property with a number of violations
by a previous owner accumulated over time (years) to a very large sum. As of right now it is about 340K, and by the time I clo...
Tim Linford
Rental depreciation recapture and capital gains tax
Doing some tax planning and was I was curious if anyone had insight on this scenario. I am an "Active RE Investor" so I apply all my rental losses to offset my ordinary income as a " RE wholesaler". (hope this is ok...
Nat Serrano
How much will I pay in capital gain taxes?
Hello all, my question is pretty basic but I cannot find a good answer online.
How much will I pay in capital gain taxes?I have a triplex that I bought for 200k 6 years ago, I refinanced to take cash out and now I o...