Can my sister and I donate land my deceased parents received deeds through in tax sales? We did not go through probate as remaining properties were taken care of prior to them passing away. We do not want to spend m...
Unfortunately, the tax code can be a burden for those who don’t understand it. But the good news is that if you find a great CPA to work with, they can utilize tax optimization strategies that help save you money. Ins...
I've tried researching this without luck. Seller plans to donate most if not all of the sale proceeds to a particular charity. Can buyer and/or someone on buyer's behalf agree to make a donation to same charity as p...
Have yet to make any deals wholesaling just yet but would like to donate some money to a any non profit organizations in the area if I do happen to secure deals. My number 1 priority in life is to help people so any s...
Hey BP,
I'm trying to flush out an idea and looking for some help. Unfortunately there is some tragedy tied to it but trying to find a way to have an outsized impact.
As many of you may have seen, on Aug 5, 2020, th...
So my fiancé's mother is owns a three family home. In her will her mother is giving her one of the apartments. Her mother is giving the other two to charity to help homeless people. What rights over the property would...
Tax wizards, a question for ya.I have a property that has been depreciated for 24 years, lets call it 90K of depreciation. The property is worth about 150K, I'll have capital gains after minor increases in the basis o...
My partner and I own some single family and small multi-family properties in North Carolina. Quite a few of these properties were purchased from the same person, using owner financing. This has always been a win-win f...
Hey guys,
I am a new real estate investor and I am trying to save money in every way during our second deal, first rehab. I remember working for a real estate investment group and they mentioned taking the removed fa...
Hi BP,I have a friend of mine bought a land through tax foreclosure auction...he bought it without doing any due diligence ahead of time, anyways he found out its a very small lot and worth nothing if he is trying to ...