Hello BP Fam. I recently won a bid at a Tax Deed auction in St. Louis. When the title report came back on this property, it showed a 57k IRS federal lien against this property. I can still bail on the property and get...
I want to buy my first rental property. I decided to call a CPA in the Washington DC area and he informed me that cannot claim the deductions on mortgage interest when you do a cash out refi. He also said that the m...
Hi everyone on here! Here goes nothing…
Quick but relevant info:
-Military so I move around every three years.
-Looking to start building a network in the area (and just in general), bounce ideas off others, and ju...
I am looking for a feedback on the potential investment that I would like to make with my self-directed retirement account. I have a client, a partnership, that I provide services to. They are looking to buy a commerc...
The IRS is catching up. Quote from the official announcement below: "Virtual currency is an ongoing focus area for IRS Criminal Investigation."https://www.irs.gov/newsroom/irs-has-begun-sending-letters-to-virtual-curr...
I'm reading that a Solo 401K Trust is already protected from creditors and bankruptcy in Texas. That said, does it protect you in the case of a tenant sueing the owner if the Solo 401K owns the rental property? I'm ...
Greetings everyone,
First of all, I must say that I am very impressed with the amount of useful information that can be found on this site. I recently started reading and learning about RE investment specifically Su...
I thought this was a decent article about lessons learned during 2008/09 regarding pricing of apartment rents. The gist being that pricing is only one tool in the toolbox with the end goal being revenue preservation a...
The Austin area market in May 2020 felt the full force of the previous month’s shelter-in-place order and accompanying shutdown of much of the local, state, and national economies. According to the Austin Board of REA...
Hello!
I take my real estate exam on 25 July 2020. I am in the process of interviewing brokerages and would like to here your opinion. I've been considering one of the bigger places like Coldwell, Century 21, Keller-...