Hi all!There is a property in my small Seattle area town that has been vacant for years. The owner died in 2010 and the property looks like it has been ignored since then with no trespassing signs in the windows. I wa...
I am in the process of filing taxes. As an owner of one rental property, I found out that I was/am supposed to send a 1099 to a contractor who did some work for us on our rental property last year, and file a 1099 on ...
I have an opportunity to buy a student housing property that was sold a few years ago for $8M, at a reduced price of ~$5M due to Covid and a few other issues. The property has an SEV close to 50% of the original $8M p...
So I actually found a really good deal here in my area, but the problem is, all I have is a name. The property is vacant. It's a great deal with an ARV of 220k, and I'm certain I can acquire the property for 20k or le...
Amidst a significant downturn in commercial property values, private investors (particularly high-net-worth individuals and family offices) are seizing the opportunity emerging as the dominant force accounting for 6...
I went on the city government site and looked up a property with a market value at 91k, And the assessed improvement value (taxable) is at 81,800. This property has fire damage but the structure is sound. Is the asse...
Hi guys,I'm trying to pay my property tax bills (I have 11 places in Atlanta) with a credit card has anyone been able to do this without incurring the extra 2.5% charge in some counties?I'm trying to increase my spend...
hi - purchased my property in January 28th and just sold it and signed the contract on 10/21. Just spoke to a 1031 exchange lawyer and he said that this is not a good scenario and I cant do a 1031 exchange, that i di...
I bought a house in Costa Rica, using partially money from my 401k through a covid distribution, which meant I escaped the 10% penalty but still am liable for income tax.I'm 59, and took out approximately $200k. This...
I can't explain it better than this youtube video. Check it out: