Found an mixed use building with 8 units and a tax lien of $28k on it.
Mostly units rented (2 vacant) and bring in some money. I could buy this house but cant pay off the tax lien, so I asked the lien holder for inst...
My husband and I are somewhat new to REI and would love some additional opinions. We have a goal to reach 10 homes free and clear in the next 10-15 years. This year we purchased our first two - close to turn key - pro...
My seller owes back taxes on the property, about $1k. He's unemployed and has no way to pay for them, how do I structure this so the back taxes get paid with my buyers funds?
I have a really good deal in a hot area in San Diego.The seller is motivated, the home she inherited and it is currently vacant as she lives in another city and the last tenants moved out. I have built the rapport wit...
Lots of CFD questions lately as I am dissecting the process for a future deal. The topic of insurance and taxes came in while reaching out to potential sellers. I know in CFD situation, the seller still technically pa...
I'm setting up a new brokerage referral business with a partner. Nothing has been setup yet- It will be pretty much passive income (we are RE Brokers and will be getting referral fees from internet generated leads. ...
We purchased a rental Nov 28, 2012 for cash. At the time of closing, we paid the winter taxes and our portion of the summer taxes on the property.
I was on the city assessor's website today to confirm what taxes wer...
In this situation, $60,250 has been collected in rents over a 12-year period ($38,000 net), yet I cannot tell who, if anyone has a reporting or tax liability for the rents collected, or when their liability, if any, w...
I have an S-corp that rehabs and I own a few rental properties personally. I turn over my Quickbooks for the S-corp and a spreadsheet for the personal stuff. Its pretty much fill in the blanks for my tax returns. W...
My wife and I are planning of selling our investment property to reinvest in other properties. After we sell the property how long can we defer taxes before getting hit? I know it may take time before we can reinvest ...