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Instead of doing a 1031 exchange can I carry back financing on two properties (the property for sale and another property)----or will the IRS somehow think that involving another property does NOT somehow qualify as a...
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;Hi guys,A house that we owned for over 40 years (original price 80k) now is worth 3.5m....we wanna sell and buy in a neighborhood close by.... But we found out that we will get taxed 32% capital gains on the sale. Th...
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We have a neighborhood home which has been sitting empty for 6 years and is now in terrible shape, ie- total gut, but thankfully a very small home and we would use it as a rental. The previous owner passed away sudde...
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Has anybody had experience with tax lien sales? Is it pretty often or rare?
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What apps should I use for setting up a system to invest in tax deeds? Do I need a CRM and a acquisition manager? Do I really need to know how to work excel spreadsheet to the T or just basics? Should I use propstream...
A seller told me he hasnt paid for 9 months.His payments are 850. That would be 7,650, But what about penalties, taxes, attorneys, etc etc. How can I know exactly how much I’d have to pay in order to get the seller ou...
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I am very upset at Wells Fargo Bank. We had been with the former banks Wachovia etc. since 1989 and NEVER had any late payments on anything!
Now Wells Fargo Bank - CEO John Stumpf recently received $25,000,000,000.00...
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Hello fellow investors: we are planning (for the first time) to sell 2 properties in the next 2 months, and mostly pay off other ones with it. My CPA said that the IRS will add the full sale price to our income to pro...
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Hi all, can I buy a property at the tax sales, pay cash for it, then refinance it into a loan after I own it? Or do I have to wait 2 years / redemption period?It would be nice if I could buy 1 or 2 then refinance the...
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Hello Everyone,I have a property that I am looking to buy that is a bit of a complicated one for me that I need some help with. I'm going to consult an attorney to be sure how to do things (if I even can), but I wante...