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Cost segregation has been a major player in tax strategies for real estate owners by reclassifying assets that have a shorter useful life and can be depreciated over 5, 7, and 15 years from the nonresidential or resid...
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Hi,My wife and I got into real estate investing sort of by accident. We were moving from Vermont back to Michigan for work and family and were unable to sell our condo. After me staying behind for 3 months, we decid...
As a Quote from @Justin Windham: says, “SDIRA can be a great way to increase flexibility and get higher returns with retirement money"
That’s a fancy way of using your IRA to get rich.
Maybe your IRA has been sitt...
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Hi everyone,I am still a newbie in real estate investing and have been looking at investing in Texas Tax Deeds more than anything else. I have a question that maybe some of you here have the answer to. I recently acqu...
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What are the chances of my short sale being accepted? I have a house under contract, but the home has a few tax liens and is going through a mortgage foreclosure. The first lien against the home is 50k, I submitted a ...
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By searching/reading in BP, I have learned that after the barment period expires, the "clouded title" can be cleared by quiet title action. I believe someone also mentioned about "wait 4 years", but there is very lit...
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Hey all.
I've read lots of info on this site and i think now is the time for action. I would really love to work with someone in my area who could be my mentor.
There are two areas that i have reading lots about. O...
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I am currently starting my journey into the world of real estate investment. I currently work in the mortgage servicing sector of real estate but I've always had a strong passion for knowledge into the world of invest...
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Considering buying a new build but on the fence: I'm an agent- will make 5% commission, builder paying closing costs & rate buy down so can purchase a $289k SFH for $45k out of pocket in an A rated school system, ...
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Hello! I’m so excited to be a new member of the forum. My spouse and I are closing on our new home TOMORROW! (Woohoo!) it’s been a bumpy ride to say the least. We have a condo that we plan to keep as a rental and s...