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I was recently approached by a wholesaler with the following facts for a 2 unit home in Hammond Indiana. I did an analysis and seem to come out with negative operating income but want to check my analysis since I ...
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Hello,Although this forum discusses success stories of investing, I bet there are some with a bad side to it. That's way I seek advice to this issue. My mother and stepfather have a rental building. When the court gav...
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I purchased a property in July, which was resold to me from a wholesaler. At time of closing at the Title office, I paid an additional $1500 for an attorney to handle the Quiet Title Action. It is now 4 months later, ...
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I have found a tax lien property that I am interested in purchasing but it says that it is owned/foreclosed by the bank. If I purchase just the tax lien, will I then be responsible for paying the mortgage?
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Regardless of elections, year-end tax planning moves forward…with or without Congress.The fate of many of the tax incentives taxpayers have grown accustomed to over recent years will likely remain up in the air until ...
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I really need help with this answer because despite an age of information, I am having a hard time finding the answer to this question online. If you purchase a property in California through a tax deed sale and you w...
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Hello, total newbie here so please forgive me if I have some dumb questions.My wife and I are finally ready to Jo into investing. We are debating whether to get into long-term multifamily rentals in the future, and do...
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I noticed the title companies (the ones here I have dealt with anyway) take the number of days the seller occupies and credit the buyer in prorated property tax,To figure the amount per day they take a 1/2 year amount...
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Hey everyone, I'm finally a member after lurking for a while. These forums are great and I've been getting a lot of info already while I've been getting my first rental home ready. My brother and I purchased the home ...
Hey guys. I finally picked up my first flip after 5 months of trying. I used a conventional loan so the house is in my name. I opened a LLC for my tax write offs and I'm looking at a 20k rehab.
My question is how can...