Sophie Wang
Tax lien foreclosure and then flip the house?
Hey guys,I have been buying tax liens for a few years, and recently three of them passed the redemption period and I started the foreclosure process to apply for the deed. Just try to make plan here, if I do get the d...
Rodney Marcantel
What's the best thing to do, Rent or Sell our Home?
We're at a crossroads of what to do and seek advise from experts both in the investing and financial areas. Here's our situation...Our Home is worth $450K (according to comps provided by our RE agent). We own the hous...
Steven Hamilton II
Correcting Tax Returns
I just spent several hours today correcting a few very incorrect tax returns prepared by CPAs who advertise their services here. In one cases this is going to cost the client a substantial amount of money. In the othe...
Ben Jamin
Seller Wants Future Rental Profits
Hi All,I recently went under contact on my first STR, Yay!The property is already an STR and the current owners have bookings confirmed into July.The closing date is set for March 30th (meaning, I will then take over ...
Sierra Westrick
Real Estate License vs Investor
I am beginning to invest and flip properties. I am starting Real Estate School in a couple of months. Someone told me I would not be able to purchase properties for myself if I have a Georgia Real Estate License. Is...
Chris Bingham
No tax when selling if primary residence 2 of past 5 years?
I always believed that the rule was that if I owned and lived in a property as my primary residence for 2 of the past 5 years that when I sell it I would not need to worry about paying federal taxes on the gains if it...
Steve Gerten
How to: I own 2 units in a 6-plex, how to buy remaining 4?
We kind of stumbled our way into buying a 2nd unit in a 6 unit building which is currently managed by an association. I’ve already notified the other owners in the building that I would be interested in their units sh...
Mark Futalan
Land sale in Cebu Philippines
Hello BP,My in-laws and a few relatives own 10 hectares on virgin beach land in Cebu Philippines. They are looking to sell. They were born in the Philippines and are living in the US as American citizens. The question...
Dustin Erlewine
Flipping Business and Rentals....Different LLCs?
I am looking to meet with my account and figure out how I can avoid Uncle Sam's wrath. I want a LLCs for my rentals, however should my flipping business be a separate LLC or the same? I market to houses with my bus...
Jane Elliott
Newbie from NY, AZ, NC, PA ;) Looking to owner-occupy in VA, or own/occupy, & own/rent in FL?
Hi all,I joined BP because when I've read through threads, people are so helpful, kind, and willing to take the time to educate (to an exent).I've always wanted to invest in R.E. . I have done three buy, occupy, and ...