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...
Hey BP! I've been searching and trying to find a deal. I may have found my first deal by looking at tax liens. I don't really care to get into tax liens. So my question is, could I treat this tax lien property as an "...
Wife and I want to make 2017 the year we jump in. Too much analysis paralysis. Our thoughts are to start with a property around $100k. Approved for a 15% down loan with an online lender. We'd want 6 months of bill...
I am a newbie investor and I will be purchasing my first triplex in a few months through an FHA Loan. Do you think it is necessary to start using property management software or could I use spreadsheets to keep track ...
Hi all,I purchased my first property a little over a year ago. I've been living in it, and plan to purchase my next property soon to continue with house hacking. Once I find my next place, I'd like to put my current p...
Hi, I need to purchase a landlord's insurance for an out of state property. It's a first time I am doing it. What is the best way to find a good pricing? Should I find an agent in my state to search insurances out of ...
I am new to the forum as of today and have started browsing the forums but there is so much information it is slightly overwhelming. I am 23 years old and just purchased my first "rehab/flip" house. I work full time...
Two questions on this:1. On line items below the $2500 threshold for an expense. I paid 2/3 of a renovation during the 2019 tax year with the remainder due here in 2020. Do I just use an excel sheet to take 2/3 of e...
Hi I have a deal ready to close but the seller can’t find his Inc. docs., I have his EIN #, searched the PA site, original title company that he purchased with, and current title company is at a standstill. Any sugges...
Anyone been doing these or been wanting to do one? Seems like a no brainer but not seeing many folks doing it.