I "stumbled" across a website that provides cost segrgation reports. What was unique about this one is they will sell you a membership and then allow you to create reports on your own. Unfortunately I didn't note thei...

Hello everyone, I am a new investor and I came across this auction property that has several encumbrances attached. Can someone break this down for me and explain how that purchase would work. I am looking to learn mo...

I have heard that the IRS will only allow you to have a negative Cash Flow for 5 years before they wont allow you to do business.

Does anyone know anything about this?

I am getting some mixed messages about how to deal with the accounting for bed bug remediation in an apartment building my company owns. Normal, regular and modest 'pest management' is clearly part and parcel of '...

I recently came across a property that has a substantial IRS lien. Ultimately with the sellers financial situation, this house will go to foreclosure in the next few months and I want to see if anyway I can help this ...

Ok, now I am really confused, last week there was a discussion as to if just a landlord receiving passive income (rental income) was required to issue 1099s and the general concensus was since they were not operating ...

I purchased my first flip property in Columbia SC that was sold by Richland county for back taxes owed. The county advertised it in the local paper(the paper also posted to their website) in Nov 2012 and sold it to a ...

Hello Everyone!

I have been doing REI for a few years now but never ran into this problem before. There is this house i want to buy and the seller wants to sell it to me. Problem is the IRS has placed a tax lien on ...

It seems that IRS liens can be negotiated down but how would one do this? Property Taxes just have to be paid and that is fairly direct but getting a lien released from the IRS is seeming much more difficult does any ...

I am considering a property being auctioned at a Trustee sale in Texas. Current owner is a bank. However, I noticed that the previous owner has a $20k IRS lien on him. The IRS lien clearly states its a claim on all hi...