Hi All,I am going to a real estate auction to purchase my 1st rental.  I am researching the property to get as much information as possible in prep.  Here's what I have so far.  City Property/Tax Records (Same owner f...

Hello BP!Fairly new to real estate investing, just bought a condo this past year with my girlfriend (and not looking forward to doing my taxes) and am currently in the "save money for additional investment while I lea...

Sorry for the delay. It took me a bit to retype this. Some of the price fields are blank and also where I put "house we purchased", that actually originally read the address or you could put the street name house. Exa...

Good evening BiggerPockets members. Does anyone have a great source for what rehab items can be deducted immediately v. depreciated over 27.5 years? I understand that the major items like replacing floors, bath, kitch...

I had a recent experience with a lender that baffled me and wanted to share.  I purchased a 40K home that was being used as a college rental.  Based on doing prior deals with the seller and his motivation to liquidate...

First off I want to apologize if I’m posting in the wrong forum. I’m a wholesaler that hasn’t done any deals yet and I have a seller who’s interested but they want a formal document with the offer in writing to consid...

I'm new to REI and have been attending the weekly Sheriff sales to get a feel of how they work. There are actually properties in my area that would be worth buying. Other than a title seach to check for liens or a s...

Hi All,
Will maxing out HELOC before selling exiting property cause 1031 to be denied by IRS? HUD-1 only shows the amount used to pay off 1st mortgage and 2nd mortgage (HELOC) but not the data of fund drawing from HE...

Hi everyone. Hoping to get a solid answer to this question because I have been given conflicting information regarding buying properties at Sheriff sales. In our area it's becoming increasingly difficult to find flip ...

What can you do if you have more than $500K in equity when selling your primary residence? Can you "1031" the balance or any other restructure to not pay tax on the gains?