Does the owner of a property get the excess amount over the banks bid in a foreclosure auction?  When do they get it?  I'm helping someone who was foreclosed who cant afford to redeem but the winning bid was quite a b...

I just heard of this thing called Opportunity Zones. A guy I met recently has sold his rentals this year, and is getting ready to take a tax hit. I don't know enough about Opportunity Zones to speak intelligently abou...

I've got a situation with a pre-foreclosure that maybe somebody can help me with.

Auction Date = 5/19/08
Asking Price = $214,900

Owes Lender = 173,280
HOA Lien = $8,000 and rising

Listed on market for several ...

Hi BP,

My wife and I are looking at making our first purchase. It's a duplex in Quakertown, Pa. One of the tenants has prepaid rent through August 2017. How is prepaid treated in a sale? Does the unearned portion...

Good evening!I have a primary residence that is deemed - 80% rental and 20% primary on my taxes. I am renting out majority of the house.Cash Question: Can I pull 20% out and be non-taxed (held for 2+ years) and roll t...

We're in a lease option contract with our tenant for our investment property and they exercised the option so we're about to close the sale. We plan to 1031 to another property. My assumption is that the lease option ...

Hi, We bought a house in Jericho, NY and had the closing yesterday. Our attorney made us to draw a certified check towards agent's company and they said that's part of the sale, but it shouldn't be! They added agent's...

I have a property I'd like to sell. Owned for years, no mortgage, and fully depreciated. I have a buyer with an interest to purchase the property with significant $ down, and for me to owner finance.How will my long t...

In Louisiana, looking to sell 2 properties. 1 is my investment property that is a llc. The other is my primary residence. The goal is buy land to invest in a business. Is a 1031 exchange the only route to avoid capita...

I have a property in Cincinnati OH that I owned in my name and got a residential loan for in my name. I've owned the property in my name for about a year and I just did a quit claim to transfer the property to my LLC ...