Todd Mansfield
Need help with Owner Carry Offers
What all is included in an Owner Carry offer? Length of timeLocked in PriceLocked in IRDo I need to do a Down Payment? What %?Do I pay them based on our new deal or based on what they were paying with their old mortga...
John Hyatt
1031 Exchange Questions - trying to figure out why or how to use
Hello, I am a newbie when it comes to 1031 Exchanges, I have a couple of questions. I have always heard about them, but don’t really know anyone who has done it successfully. Here are my questions: 1) Can you have mor...
Nathan Gesner
Most famous squatter evicted, after 23 years!
He's finally out after 23 years. His scumbag lawyer gives a ridiculous justification at the end. Daily Mail: Long Island man who went more than two decades without paying a penny on his mortgage is finally out.https:/...
Sam Erickson
"We charged a penalty on your Partnership tax return"
Hi Everyone,I received a notice from the IRS saying My LLC that has four members was charged a fee because according to the IRS we "filed the partnership return late."The amount is $4,920. ($205 per partner per month...
Alexis Grover
tax sale in irvington nj
Me and my wife have been buying certificates at the tax sale in Irvington NJ for quite some time, and its just been a nightmare i just had enough.Irvington twp receives the check from the property owner but they play...
John A
4Plex Eval
Here are the details:
4plex
Currently no tenants
Foreclosed
Asking $99,800
Offering $100,121.00
Potential Rent $400/unit
Closing Costs incl Downpayment $30,450.98
Loan Amount $75,090.75
APR 5....
Justin Wilson
Ohio State S-Corp Income Taxes
Hello,I was reading up on the requirements to submit tax returns and pay income taxes in Ohio. I've read the CAT is not required if the business has gross receipts under $150k. My rental income is way below that, bu...
Kay Bush
Trenton Tax Liens
Where can I find lien records for Trenton NJ? I tried Mercer County records. I can't seem to find the proper website. I keep chasing my tail. What else should I look for when buying a property lien wise?
David Beard
Get these two tax books
They'll provide answers to 99% of any tax questions you may have, and help you to be much more effective in developing strategy with your CPA. Don't give short shrift to the tax situation, they can have a profound ec...
Adam Franco
How to determine capital gains tax
Hey BP I’m working on getting my first flip and trying. To get my numbers right. How are you guys figuring in capital gains tax? Thanks!