Do you bid an amount higher than the amount of taxes and fees owed?
OR
Do you pay the amount of taxes and fees owed and bid on the amount of interest you are willing to recieve?
Hey BP Community,As a new investor, I'm looking for some clarification on financing deals. There's a lot of discussion around partnerships, private lending, and hard money, but I don't see much discussion on the actu...
I’m talking to different professionals and get different answer. For an out-of-state LLC holding rental in that state, I know i will need to pay $800 franchise tax as CA resident, but do I have to foreign file in CA ...
I have a rental property I've owned for 10 years that my basis is about $150,000. I sold the property for $600,000 and am holding $150,000 in seller financing for 1 year. I have a property to purchase for $300,000...
can i rent my primary house as rental property for 3 years and come back and stay as primary after 3 years ( this is basically to avoid the tax) . is it still considered as primary residence or is it considered as ren...
Hello, while i was using the fix and flip analysis calculator, i found the analysis shows tax as well. I understand property tax individual would have to pay as per schedule but I don't think buying from sheriff sale ...
Backstory : we entered into a deal that guaranteed us payout over a year ago. We've tried to be patient because the guy we're doing the deal with ran into a bunch of permitting issues. But it's been 2 months since he'...
I just finished a walkthrough of a absentee owned SFR3 bed 1.5 bath 1488sqftDecent comps imply ARV=$60k-$80kRent rates for similar houses in that neighborhood=$950-$1100Everything on and in the property needs to be re...
Hello all,Looking to get some advice on a scenario. My parents investment LLC used 1031 exchange money to buy a house that I want to put in my personal name so I can file a PRE exemption. Has anyone found a way to t...
I'm sure there are many threads about this so if someone could point me to one of them that would be great.
If i have property i can't avoid paying capital gains tax on, is it a loophole to just do a cash out refi an...