Are mortg. companies and banks after home repossession and the sale of that home required to give equity or profit back to the mortgagee ?

I'm located in R.I.

Thanks

Some questions for those with a few development projects under the belt and a good grasp of the "financial engineering".
Let's assume the following numbers for a multi-unit suburban residential project:
Newbuild sal...

Say the home you purchase is less than the amount you receive from the bank. Can you use the remaining funds for renovations?

Hello BP! I am investing in the DFW area, and still searching for the right property to BRRRR. One older SFH could also be a duplex, but the square footage would need to be increased to make a reasonable deal. This ...

Hey everyone, I gave earnest money to a builder, and I’m supposed to close on a new build home in a month. I would lose the earnest money, but was wondering if it’s worth putting down 20 percent to cash flow 100 bucks...

I have been researching for months about how to select a 401K plan but in all honesty I don't really understand how to best choose a plan. Real Estate makes sense to me when I read a book, a forum post, or a podcast. ...

In the third and final segment of Real Estate Tax Deductions, I want to discuss At-Risk Rules, Basis Issues and Excess Business Losses.
At-Risk Rules
An At-Risk rule is a tax shelter that limits the allowable deduc...

One of the properties my company owns in Butler, PA it is a 9 story high rise with 11 units per floor. Last month a gentleman moved in and his excessive smoking leaks into the hallways and into others apartments. We h...

I purchased a SFH in 2022 in my name and am doing cost seg/bonus depreciation = large taxable loss.  Am I able to carry back the “loss” in tax year of 2021? (Assuming I’m able to write it off against my personal income.)

Does anyone have any recommendations on cheap envelopes and printer ink?