Mike Feehley
Transfering ownership into LLC although a 1031
I own a STR, no note attached, which I bought through a 1031. I would like to move the deed into an LLC, what implications does that have in regards to the 1031? Honestly, if this is not allowed, would anyone ever f...
Matthew Heffernan
1031 Exchange under an LLC
I'm trying to help a friend defer capital gains tax in Michigan.He is selling a business and the real estate to a single buyer, however the property is owned separately under an LLC, which will remain in the Sellers o...
Lauren Hogan
1031 Exchange - How to Decide Who to Use as a QI?
Looking for advice on how to select/choose a QI during a 1031 exchange? For those of you that have successfully completed a 1031, did you use a 1031 company or did you work directly with a QI or did you work with bank...
Lance Lvovsky
Check if your ITIN is expiring!
Just a heads up to those of you who have ITINs with middle digits of 73, 74, 75, 76, 77, 81, or 82. Your ITIN may be expiring and you should begin the renewal process now if you will have a filing requirement next yea...
Keith Grady
Alabama tax property situation!!!!!
(Alabama Tax investors). Hope you all is well. I have a situation. Short and sweet. I purchased a vacant tax property, made repairs, then received redemption affidavit from taxpayer, certified mailed them improvement...
Zach Ziskin
Question about purchasing a property at IRS auction
Hi all,
I live in Florida and the IRS is auctioning a property that I'm interested in purchasing. Based on my due diligence there is no existing mortgage, and the only recorded judgments or encumbrances agai...
Christopher Lifgren
New Member Requesting Help Finding A Mortgage Holder
Hello BP community! I finally managed to sign up after reading through numerous forums on this site. Looking forward to learn more from the wonderful people on here.My partner and I are prospecting a property whose ow...
Andrew Doup
Qualified Opportunity Zones
Anyone interested in qualified opportunity zones? Here's a description about them:
Created by the Tax Cuts and Jobs Act, over 8,700 tracts of land across the county have been designated as "qualified opportunity zo...
Scott Davidson
Maryland Investors with Out of State Rentals
Hi All,I wanted to provide some info for Maryland investors who owned out of state rentals in 2013 and/or 2014. A few years back Maryland lost a case in the Supreme Court because they did not allow a credit against co...
Bryce Davis
IRS Auctions
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...