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I have a 2/1 SFR currently rented. Bought in 2005 at 130k (stupid mistake), worth about 140k today but needs some rehabbing. Current mortgage is 80k. I have a great tenant who pays rent early and never bothers me but ...
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We own and self manage three rental properties. Two of them are in Kentucky and one in Florida. We would only plan to manage our own properties.
Would there be any tax advantages, or any other benefits, to starting o...
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I'm about to close on a four-plex in an opportunity zone; is it too late to create a QOF? What are the steps?
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There is an auction starting very soon on a property. I am looking to close quickly. 2 bed 2 bath condo unit. Bid starting at roughly 27k. The unit is in complete disrepair (All appliances, carpet, cabinets, kitchen, ...
I hope this finds you well! I have a scenario I would like your input.
I have had a rental property for 10 years. I want to access cash by selling it except there’s a big capital gain on the investment property. So i...
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I’m considering bidding on a single family REO on an online auction. I did my own “title search” and found only one mortgage (foreclosed). In addition, I found that the prior owner has two or three IRS tax judgement...
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Hello BP Community, Our company is dealing with a tax lien situation that is a first for us and worth 1) asking for advice and 2) sharing for the benefit of this community. We purchased a tax deed for a vacant lot fro...
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Hi everyone,
I'm looking for a layman's explanation of how a 1031 exchange works. I did some searching in threads and many of the explanations are pretty complicated. Can someone post a simple step by step guide to t...
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Hey everyone,
Here in KC MO its just about tax sale time. Our county database is almost out and we will have about a month to research properties and contact owners.
I was wanting to know about any experiences peo...
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I have decided to move on from the family accountant who has little background in real estate. I just purchased 12 units across 4 buildings, which brings my total portfolio to 14 units 5 buildings. I would classify ...