I have a seller and a buyer all under contract and then the title company says their is an old Lien on the house.we called the bank and the Lien is payed off but they say it will take up to 30days to sent paperwork ou...

If I do a 1031 exchange but I can't find a new property do I have to pay a penalty or will I just end up having to pay taxes

Can someone answer this Hypothetical question for me regarding 1031 and Taxes.
Scenario
Lets say my Father bought a property for 1,000,000 and Sold it for 2,000,000
1031 Exchanged the sale
Bought two properties fo...

Hello,I wanted to run the numbers on my first deal to get the thoughts of any experienced out there.  My long term goal is to become an advanced real estate investor holding property cash flowing a month at least 10k ...

I have been getting prepared to present a seller financing package but I am unsure concerning taxes and the balloon payment. Will the seller have to pay taxes on the balloon payment? If they sell the property in form ...

I'm sure this is made to be a big pain in the neck by design, but I want to comply and am not seeing a straightforward way to collect Denver's Lodger’s Tax in Airbnb.  Denver rules state "The Lodger’s Tax rate of 10.7...

I thought I'd relate my experience with the above website, and see if anyone else chimes in with their experiences with this company. They are apparently a clearing house website and the people are in India. The loc...

I'm a real estate agent in Birmingham, AL. Does anyone have any advice for someone new joining this site? 

I need help. I came across an owner who has abandoned the subject property and hasn't paid his mortgage since 2009. He told me he just wants out of it, wants nothing to do with it, wants to move on. Fast forward about...

Hello BP members,

I'm looking at buying my first hold property. I want to ask if getting my first one from an auction would b a good place to start? I don't really have that much money to put up for a regular sale an...