Does property won at IRS auction cancel all other liens? The reason I ask is because land is worth only 30k but liens are very high. Such as the encumbrances listed. Does the IRS auction supersede all other liens?As o...

I am reading this great book "Tenant Screening: The Ultimate Guide" on biggerpocket.

It says income must be three times the monthly rent. I am wondering if it is before or after tax.

Can someone explain the FTB withholding for foreign owners in California? I have a foreign owner wanting to rent out a Townhouse in San Jose and I want to make sure he knows what he's getting into. Is the 7% from the ...

💡 There are three major categories of income recognized by the Internal Revenue Service (IRS):
📌Portfolio Income
📌Earned Income
✅Passive Income
Nearly everyone is familiar with earned income. It is the income you ...

I'm looking at bidding on a property with the city and I was hoping someone could decifer this messaging that is on the property documents. Here it is:A Federal Tax Lien against REDACTED in the amount of $xxx, plus co...

What are, according to you, the top 5 growth neighborhoods in LA in 2019 ?

How would I wholesale a property with liens attached to?

If I buy and sell houses(flip) as a full time job, do I pay capital gains taxes? I read somewhere if it can be proven as a full time commitment and its the only source of income I make, the capital gains taxes are inc...

Is there an alternative where I wouldn't have to replace the asset with another asset and still enjoy a tax deferral.

There must some creative approach being used somewhere :cool:

I’m buying my first property using a VA loan.  It’ll be a duplex. It will be my primary residence. My sister is going to live in the second unit and pay me rent. Is there a way to receive rental payments from her with...