Daniel Kim
Quickest way to get $360k for a foreclosed property
Hi,
There is currently a for closure by the bank that will provide the property free and clear of any past tax debts and title.
My question is the property is $360k and I'd like to know where I'd be able to obtain ...
Skylar Moyer
Please help, small budget, need guidance
I would like to target tax delinquent properties. I need some help. I am a wholesaler and am curious if I am going to get a tax delinquent property under contract and have a buyer lined up. If they owe $10k and I sell...
Jennifer Konikoff
Taxes owed on property
Hey BP, I found a property in the market that I want in on but the property is showing delinquent on paying property taxes for the last two years. Any suggestions/tips on how to move forward? Is this something I c...
David McCracken
Quarterly Tax Projection after sale of property
Hi All,
Quick tax question here. I bought a house 18 months ago for $132k. I'm now selling it at $275k. I'm expecting about $100k in profit. This will create a substantial tax debt. I've been talking to my CPA about ...
Shawn Dandridge
Buying HOA Liens
I am wondering if I can go directly to property management companies and buy HOA liens? . I've been reading that many investors buy the liens and rent out until the bank forecloses. Has anyone ever done this? The way ...
Nikhil Nirmel
Thoughts on buying equity in high-equity tax delinquent homes?
Looking for an evaluation of my proposed strategy.- Identify tax delinquent properties. Figure out which of them are owned free & clear or have low mortgage balances.- Make an offer to their owners like this. e.g....
Clifton Jones
Question Concerning IRS Auctions
What does it mean in the IRS auction if they state "Only the right, title and interest of the Taxpayer in and to the property will be offered for sale." Is that saying that they are only selling the tax debt, but not...
Justin Peucker
Wholesaling tax delinquent properties
Me and my partner are looking into wholesaling tax delinquent properties and I'm wondering if anyone has advice on the topic or how to go about wholesaling a tax delinquent property? What steps would you take once fin...
Zach Kirkton
Tax Delinquent Opportunity
How does investing in tax delinquent properties work? I have a potential deal where an apartment building is behind taxes for around $120k. The property was assessed at $175k. The current owners is asking around $70k....
Lindsey Johnson
1.4 Acre lot saved from tax sale and sold on terms
Investment Info:
Other other investment.
Purchase price: $500
Cash invested: $1,123
Sale price: $25,500
A seller got behind on taxes for this 1.4 acre parcel in Colleton County and it was sold at...