Hey BP,I am sole managing member of my LLC, which currently owns a property that was financed by a private lender (friend of family). I need to sell this property for less than what I owe, so it would be a short sale....

Hello BP,
I have a home that the buyer, whom I am holding a note for as well as him having a mortgage with Citibank. He’s late consistently sends his check about a month sometimes even two months late. But he is full...

She doesn’t have any where else to go. She owes 1,000 an when she gets her taxes she planned to pay it off. But her landlord sold it to their mother. An now they’re trying to force her out of it 

I have a house that was my primary residence, I moved out of it for about ten years and rented it. I moved back into it last year and my CPA says I have to pay taxes on the depreciation I took the years it was a renta...

Hi all. Long time reader and sponge here, second time poster. I'm looking for some seasoned and creative advice on how to best approach this deal:Seller's home is set for tax auction in less than 60 days. Owes 76k on ...

If 2015 ad 2014 are owed, should I purchase most recent year of delinquent taxes or year before.  I found a lien that 2015 was paid, and 2014 still owed.  would it be a good investment to buy the 2014.  I wondered why...

Hey there, just a theoretical question:

Borrowing money via a loan or cash out refi isn't taxed as income since it's borrowed. If you were to sell a rental house without a 1031 exchange, I *believe* the portion that...

I have a seller is willing to do seller financing,  but owes in past due property taxes and is currently on a payment plan. The house has not mortgage and was inherited. My questions are:Can I go the seller finance ro...

I am sure this site is full of answers regarding this question, but I need a little advice.I just picked up my fourth investment property.  Once repairs are complete, I will have 50-65K equity.  I am quite excited abo...

Hey BP hive mind! My wife and I are supposed to close on a multi unit (zoned as a 2 unit with a legal 3rd & bonus unit/in law) in Chicago tomorrow. Yesterday the seller (an older man who has owner occupied the pro...