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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...
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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...
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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...
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I had such a great time at my local REI meeting here in Memphis! The atmosphere was very welcoming and met some very sweet people. I could just feel how genuine the people were and their need to want others to succeed...
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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...
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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...
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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 ...
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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...
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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...
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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...