William R. Matthews IV
Write offs for developing second home?
Can I write off all my expenses it takes to develop a second home that I intend to maybe Airbnb when I'm not there? Thoughts on this? I'm looking to subdivide my lot and build two single family homes on the Oregon Coa...
Michael Myers
Bookkeeping for Master Lease Option
Hey guys, interesting situation here. We just got some properties under a master lease option. We paid the lease option down payment and are taking over operation. We structured the contract in such that we realize th...
Craig De Borba
Looking for guidance - here’s the scenario, your thoughts?
Hi All,I’ve been learning a lot reading though the threads in this community and finally have something to post about.My background: RE appraiser and loan financing way back pre-2008 crash, helped family landlord mult...
Stephanie Z.
TIF impact on property value/etc
QUESTION(S): Our local city (and maybe the county as well in a collaborative effort) is proposing a TIF district that would include our 4 1/2 acre commercial property that is mostly undeveloped at this time (but we do...
Adam Jernow
Tax Lien Investing- REO? What does a bank owner really mean?
Hi All:I'm looking over a list of tax liens for sale and seeing that plenty of the properties are listed as owned by various banks including FNMA. Does that pretty much mean that these are REO properties? This is not ...
Linda Govan
Just found a tax lein on a property I wanted to close on
Hello BP community, I found an abandoned house and finally found the owner for the house. Doing some research I see his back do taxes of $12k were bought by a investor from 2011-2014. Its more taxes do now that aren'...
Nac Berg
tax filling for a partnership property
i have one investment propertyits a partnership ' but not now on an llc,QUESTION do I need to file an 1065 and put in in my personal tax return a k1or can I just fill in schedule E on my personal return , and not file...
Gina Stern
NEW Florida's Foreclosure & Tax Deed Auction Properties listed
PropertyOnion.com has properties NEVER LISTED on the MLS!
Did you know that 1000’s of properties are sold each month at a discount & are never listed on the MLS or given to realtors at all?
>> CLICK HERE T...
Jonn Vidal
Nassau double-billed 842+ Homes & even a Taxexempt Church then sold to Lien Investors
Has anyone heard what's going on in that County on Long Island?Last year it was 'just' 842 homes that were double-billed last-minute as much as 62% extra causing a mayhem of erroneous delinquencies through 2022 where ...
Moshe Eisenberg
Does Tax Lien Foreclosure Wipe Out Mortgage?
Hi everyone. A tax lien holder has first position lien and can foreclose on the mortgage. My question is if when there is final judgement and mortgage is foreclose on, is it just that the bank can't have this property...