![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/248297/small_1621436082-avatar-wallet4me.jpg?twic=v1/output=image&v=2)
hi every one,Just came to my attention that I have to pay Taxes on the income I got from my property in Memphis, is that true ?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/23041/small_1621362125-avatar-amcmillian.jpg?twic=v1/output=image&v=2)
Hello Fellow Investors!
I would really appreciate your advice on this matter.
Background Information
I own a condo in Santa Monica, CA that I am currently renting-out. I'd like to sell the condo in 2 or 3 years (af...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2881950/small_1700876004-avatar-patrickg361.jpg?twic=v1/output=image&v=2)
I was thinking about owner financing a property to a buyer and I need some help to figure out if this is a good deal or not.I paid $235,000 for the home. Here would be the terms with the buyer:Sales Price: $315,000 (N...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/975449/small_1621506622-avatar-giovannim8.jpg?twic=v1/output=image&v=2)
Buying a $50,000 property for $5,000... Too good to be true?
I have obtained a list of properties and the amount of property taxes that are over due by the homeowners.These homeowners have not yet lost their prope...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/217705/small_1621433978-avatar-kesinc.jpg?twic=v1/output=image&v=2)
Hi all...Has anyone actually used the Tax Lien Vault company to purchase tax liens and if so, what was your experience? Last July I went to one of those house flipping seminar road shows here in San Antonio and while...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/119441/small_1694859111-avatar-ryanne.jpg?twic=v1/output=image&v=2)
One of the incentives of a short sale was that you got a tax break based on an act passed by Congress in 2007.
Short sales are classified as debt forgiveness, therefore in a normal situation homeowners would have t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/568188/small_1621492773-avatar-latreeka.jpg?twic=v1/output=image&v=2)
Hello,I recently purchased a tax lien certificate in Alabama (property was sold at the 2015 tax sale). The property does include a house. I had a few questions about my rights as a lien holder. I have been reading/...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/207904/small_1694573294-avatar-dd564.jpg?twic=v1/output=image&v=2)
This is a question that's been bubbling around recently.My thought is on this form, the majority would take the $1,000,000 to buy multiple homes or multi-family complexes in the hopes of doing better. Meanwhile, many...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1411779/small_1621512038-avatar-ronaldm87.jpg?twic=v1/output=image&v=2)
Our family home is currently rented out and mortgage free. There are no plans on going back to occupy the home. The goal is the grow into real estate portfolio. It earns positive cash flow but does a SFH carry more ri...
Yesterday for the first time I had a potential tenant tell me the she has a felony on her record when I sent her my application. I Googled her name and found out she was convicted in 2015. My unit is in Buffalo, NY....