Bruce D. Kowal
What REALLY Triggers IRS Attention in Real Estate Partnerships - From An Onlooker
After 20+ years in real estate partnerships, here's what actually puts you on the IRS radar (and what doesn't):
REAL Red Flags That Matter:
The Partner Complaint Trigger
Disgruntled partner files Form 8082K-1 dispu...
William Carr
Owned my house for 6 years, some questions about renting it out.
Bought the house as a short sale at 260k and it recently got appraised for 320k, Mortgage is $1692. House was built in 84 and is in great shape with new carpets upstairs. My only concern is my ac unit is from 84 and s...
John Perry
Bid On House Subject to 1st mortgage... Advice Needed (Ohio)
I bid on what turned out to be a a 2nd mortgage in Ohio. The house is worth around $300k. I paid 258K at auction. Looking through the court records I can see that the 2nd mortgage was awarded ~100k. There are around ~...
Jacob St. Martin
How much should I get as a wholesale fee for a $4 million deal?
Hello everyone,I am a real estate investor near charlottesville va, and do not specifically focus on wholesaling but will occasionally wholesale something if I think it is a good deal but doesn't work for me. I found ...
F. De Rop
Buying Property in France Tips
About the house of his dreams may have found preparations for the purchase arrangements. These are essentially the same as in the rest of the world, the differences lie in the details.
...
Scott Gadea
Can I write off a truck?
I owe 2 rental properties, (5 doors), in California. The 1st property is a single family home which is about 5 miles away from where I live. The 2nd property is a 4plex which is about 140 miles away from where I live...
Daniel Foster
Single Family with Renter
I am looking at buying a single family with a renter already in it. I have requested the payment records and lease agreement. What else should I be looking for?
Mark French
New Investor - Where to focus efforts
Hi Everyone, 1st post from a beginner investor, here goes:My wife is away for 3 days and my 2y/old and 4y/old will be at school from 9am to 1:30pm for 3 days (Wed/Thurs/Fri). I'm trying to come up with a plan how to s...
Shane Rawlings
Texas tax lien question
One thing that confuses me is when bidding do you get interest on the amount you over bid from the original owed amount or by over bidding are you lessening your profits?
Does anyone know a good resource for learnin...
Gillian C.
Chicago: Rules on tenants who are MTM after expired lease
Hi Chicago folks. Could you shed light on the following scenario:
- Tenant on a year-long lease that ended August.
- Tenant continued to pay rent September and November.
- No new lease was signed.Two questions (on...