View report*This link comes directly from our calculators, based on information input by the member who posted.Is there a way, I could make a profit off this property if I am playing 8000 for it

After setting up an S corp, can you leave money allotted to maintenance in the comapany and not take them as profits at the end of the year even if you never spent it? How much can you get away with averting for taxe...

I am currently in the process of rehabbing a condo and have found a potential buyer. She is going through a divorce and will be receiving an option regarding her 401k: either roll it over into an IRA or take it as ca...

I've been paying taxes to my local jurisdiction and the state directly using by local and state business ids. Recently, VRBO has disabled the ability for owners to pay their own taxes and VRBO pays it for them. The is...

Contract states buyer must close on or about 45 days , which is 3/24 /20. I’m told he’s waiting for mortgage approval , although it’s been over 6 weeks and he was pré approved . I’m dealing with a seasoned investor wh...

What if you carry a note for a property where the owner has stopped paying property taxes?  Is it possible to cover the taxes yourself to prevent potentially losing the property?

BP!I want to purchase a MF from someone, I want to offer 20% down but have them hold the mortgage like they’re the bank. I’d like to explain to this person the pros and cons of him holding the mortgage himself with no...

Hi. I found a buyer for my house in Brooklyn. I brought my house as a 2 family (2 gas meters, 2 electricity meters, and been paying tax for 2 family since brought in 2003). The buyer's title company found a CO from 19...

If the title company did not send the seller a 1099, must this sale of the flip still get reported when filing taxes?

Dear BP members,

I have renovating a couple of houses and I like to hire cheap labor and buy stuff at swap meets. I pay less when I hire college students or family members and when I buy sinks and cabinets an...