William Edwards
Depreciation Recapture via Syndication in SDIRA?
Would there be any considerations regarding depreciation recapture when a syndicated investment is disposed (ex: at 10 years) when purchased via an SDIRA (Self Directed IRA)? Will those investment funds need to be 103...
Peter Matus
Foreclosure auction ...
Hi there,I have maybe stupid question about foreclosure auction of property...I searched all possible documents and info and this SFH with all debt (1 and 2nd mortgage,HOA,attorney and legal fees and interest is aroun...
Tyler Zimero
Making wholesale offers
Any tips on how to go about making an offer on a home to a seller, should I go based off the tax assessed value or market value ? Or what is the best way to find comps or get the arv?
Kainoa Jones
Square footage Discrepancy
Hello,There is a potential property I am looking into with differing tax assessor and appraisal/ MLS sqft. There was an addition to the property prior to the current owner and my guess would be that the addition was ...
Bengallo Morrison
Bought A Property With Owner
A few weeks ago, I won a bid for a property at a public auction. The property is owner occupied and just needs cosmetic repairs.It appears the owner defaulted on his taxes and the property was bought by a tax lien com...
Ryan Logue
CPA prior to buying first property?
Are pre-closing on a great property that is in a college area of a bigger city, rents for $3000/mo and after all expenses are accounted for will net around $1200/mo cash flow. The question is, how to set this up prior...
Stephen Smith
1031 Exchange - Capital Gains
Hello - New to the board. I am looking to sell a single-family rental property that I have owned for 3 years. The house was purchased for $239k and is now worth approx. $439k. There is no mortgage on the property....
Christine Garnier
Tax Lien Foreclosure Action - Multiple Lienholders - Alabama OTC Tax Lien
Alabama has now implemented the new tax lien system and many are left wondering how it really works, especially with the OTC tax liens. When multiple liens have been issued on a property, we now see multiple lienhol...
Helen Lee
period to avoid capital gain tax
We bought our new house before selling the old building. We used to live in that building for more than 10 years. How many years do we have to sell the old building to avoid capital gain? I remember we should have thr...
Shannon Fong
Title Company Nightmare Closing
In a bad situation with title company.We closed on a property June 3, 2015 on a REO in Baltimore City. The deed is not filed.Here is the dilemma:We used the seller title company, <- out of state (Never Ever Ever ...