Jose Falconett
How do i deal with defaulted tax & mortgage seller issue?
If I find a motivated seller say from an advertisement that wants to sell their home because they missed tax payments and mortgage payments...Do I include that the buyer of the property will be covering these costs in...
Vilson Nikollaj
Is there a tax deduction for defaulted loan interest not-paid?
Moving this post to tax forum... Think answer is no, can't claim unpaid interest on 1099-C, but @paresh patel brings up good point about what hte Box 3 pertains to. Anyone know what the purpose of this is?But if Inter...
Susan O.
Received Default Judgement in CA - How to get tenant to leave?
So we already Received Default Judgement in CA and judgement for posession. The sherriffs office hasn't gotten back to us. What are your strategies for getting the tenant to leave peacefully and not destroy your prop...
Katrina P.
Purchaser defaulted on LC pymts; can I collect rent from tenants?
Hi BP Family,So, I'm in a bit of a sticky situation. I sold a property on Land Contract (in Michigan), and the purchaser defaulted on payments one month after signing the LC. It's been a long time (so long it's too...
Carlos Flores
High FICO, low balances, pay on time? You're likely to Default
According to this article, http://www.examiner.com/article/the-fico-credit-score-and-strategic-default, researchers have found distinct character traits that identify potential strategic defaulters. They say strategi...
Anja Brey
Defaulting note in SDIRA - no funds for property rehab in SDIRA
I have a defaulting promissory note in my SDIRA. It seems like the house could be a decent rental, but the property needs rehab and I have no funds in the SDIRA to pay for the rehab to get it rental ready.I do have an...
Joseph Moore Jr
Letting a property default to the county for not paying taxes
I have had this dilemma about a property I bought back in 08. It has an HOA lien on the property of $7900 and it would probably sell for no more than $10k. I paid $1 plus filing fees for it back in 08. Taxes currently...
Laurence Obi
A DEFAULTING MORTGAGE DEAL FALLS IN MY LAP AND I'M LOST!
Hi Guys,I need a lecture. Yesterday I got a call from an agent who said his client had defaulted on their mortgage and would be foreclosed on. However, the homeowner was open to transfering the mortgage and taking cas...
Erick Chavarria
Is anyone going to the Los Angeles Tax Defaulted Property Sale?
I'm trying to get into tax defaulted property investing. I would love to shadow someone who is going to the auction this year. I know LA is a tough market for this and any area of real estate but any help, tips, would...
Paresh Patel
Is there a tax deduction for loan default interest not-paid?
Hello. I would like to pose a question relating to the tax treatment of Loans made though any of the leading Real Estate Crowdfunding Portals that go into Default.Many of the CF sites may reasonably be expected to ev...