I have a question on how to handle fully depreciated assets that are part of a rental property when it is sold. I'm trying to estimate my taxes owed (long term capital gains and income) due to the sale. I think this...
I am looking into buying some tax lien properties and am wanting to begin looking for a good attorney to represent me in any future RE case that might arise either through the purchase of tax lien properties or just a...
Hi,I am interested in purchasing a property from the Chester County Sale. I'm running into a jam when searching for liens and if any property tax is owed. Can this be done online or do I have to call each department? ...
I'm a little foggy on when you must, or should, use Certified Mail with return receipt to correspond with a taxpayer.At present, my understanding is that you must use it when you hold a Certificate and wish to start t...
Hi I have used Civic Source one other time to purchase tax Lien Certificates, and was curious if anyone knew of how the Tax Certificate sale in the Memphis area on the 19th will work. From what i gather, it will not b...
OK, I am on the verge of making my first offer on what looks to be a great deal for a flip on a house in Pembroke Pines, FL. It's a house built in 1977 so it needs quite a bit of renovating. I'm unsure if to make th...
Hi all, I would love to get some input on a cottage I am trying to purchase. This needs to be a win win for both me and the home owner.
I am working with a homeowner in NC who is willing to let me Lease a run down c...
Hello All,I would like to try to purchase my first rental at as ‘discounted’ a price as possible.I plan to to BRRRR it as a means to start the ball rolling on my investment portfolio.How do I purchase foreclosures wit...
It’s rare that I have a real estate question that doesn’t return useful results on a simple search in BP.
This doesn’t.
So here’s my situation:
I’m closing on a duplex tomorrow.I went under contract on it 6 weeks a...
I live in Southern California, do I need to use the California RE contact to get a probate deal under contract to be able to assign it as a wholesale deal? Since these transaction are all cash, could I use a regular o...