Hi everyone,I plan to attend a sheriff sale, in the coming weeks in some of the NJ counties. I have heard many stories such it rigged, or it's high risk if you have not done proper research before hand. I want to see ...

I have a LLC with my wife and I listed as members under the Articles of Organization. Does the IRS consider this LLC as a sole Proprietorship? Also, since it's a pass through entity, I don't need to file a separate re...

Hey BP, I recently bought a book titled “every landlords tax deduction guide“ from a local thrift store, after bringing it home I noticed the book is the 12th edition from 2016. Will the material in this book be outda...

What is property tax (%) in Sacramento 

I'm in the process of converting my garage to rent out as a short-term rental.I want to know if I decided to take advantage of the deduction to offset my w-2 taxes, whether I would get a refund from the IRS.ExampleAss...

Hi! I have a question about a project I'm working on. I have been hitting some road blocks and I just don't know what it means. I entered this properties address into the county assessor page; nothing came up. I then ...

Good Morning All,My wife and I have finally purchased our first duplex and moved into one of the units. I am currently in the process of obtaining a green card, as my wife petitioned for me. In the meantime, I am stil...

First my apologies, I was unsure which forum.  Short version:  Owner of property died 4 years, 11 months ago.  Property sold at Sherrif auction in October with final hearing for release of funds on 12/11.  Direct heir...

My FHA loan foreclosed with a principle of $140,000. The bank auctioned the property stating I owed $153,000. It was sold for $155,000 and I only received $800 in surplus from the trustee after they took their fees of...

Remodel Pics for Duplex UnitHoping this is the right forum to post these pics/slides in. Total cost about $35k before hopeful tax credits.   Curious thoughts on adding an EV outlet (no charger) for tenants to bring th...