Hello I am putting together a worksheet for analysis of whether to keep and rent or sell and take profit for a single family home.The home has never been my residence. Held more than a year.  Married filing jointly 12...

Does anyone have any insight into Wholesaling in Maryland?I was doing my homework and looking around the site but can't find this.  A rehabber I know said he didn't want to get into wholesaling because the taxes and f...

I am in AZ and my county charges a non-refundable, non-interest bearing $10 fee per lien.  I am curious how you guys deal with that when it comes time to paying income tax?  Do you deduct it somewhere?

Hi,If my place is an investment property, meaning I rent it out, do my HOA fees become a tax deduction?Thanks

Hello BP,
Just wondering when wholesaling a piece of property that is tax delinquent…if I was willing to have the back payment taken out of my assignment fee where would I place that in contract? The purchase agreeme...

Good afternoon BP.So I'm still in my education phase of REI, and I just spoke with a CPA about setting up our legal structures and tax structure.He mentioned that accountant fees are typically $2K/year.I'm wondering i...

Can you deduct operating expenses from acquisition fee received? Let's say you received $30,000 in acquisition fees, the first year operating expenses of the property is $45,000. Can you deduct all of that? Or do you ...

Can i claim the amex annual fee on my taxes if i use that card for my rental expenses? I don't have a business or llc, i just file my rentals on my personal ssn.

What kind of expense (for tax puposes) is the wholesale fee you pay to have a contract assigned to you?

Hello,From the information I have read from the court cases from a few years ago a Tax Deed sale in Florida terminates the liens of an HOA.  But does that terminate the actual debt?  Does the HOA have the right to est...