Darryl Dixon
Investing in Tax Deed and Tax Liens properties for beginners.
Hello, I’m Darryl Dixon. I’m new to investing In tax deed and tax lien properties . I have a few price quotes for some houses, I just a need breakdown on each step after getting the price quotes.
Mike Makkar
Need help with due diligence on a Note (first attempt at this)
I'm a Note noob. Need some help analyzing.Property Valuation = 66kNote's Unpaid Balance = 25.2kNote Sellers price = 21.6k (standard 85% of UPB)Sellers claims note "performing", but has unpaid taxes of 8.5kLoan maturit...
Melissa B.
Questions about how to hire an agent to bid you at a tax lien/deed sale
Hello,
I'm looking at tax lien investing, and have been looking at areas where it's frequently less competitive. However, some of these auctions are live, in-person only. I don't have much to begin with, let alone t...
Cindy McHugh
Titles & Back Taxes on Mobile Homes in Georgia
We purchased a 56-lot MHP in Georgia on March 1, 2013. It was bank-owned for 3 years and suffered from neglect. We're trying to get it turned around and have done 11 evictions so far (of 39 occupied lots).
Th...
Therese V.
Calculating Capital Gains When No Ordinary Income
Someone I know bought a property in the 70s to use as a second home. They did this and then turned it in to a rental, self-managed, after a number of years. They never took depreciation on the property for whatever re...
Krish Patel
inheritance tax pa sheriff sale
I bought property in sheriff sale and there was a inheritance tax lien on it when i went to sale. title company escrowed $5500 and asked me to get pay off statement if i want to get that remaining money back. I contac...
George Goldstein
Lying about real estate price
You know how when you buy a used car from a private seller you tell the seller to say he sold it for $3000 instead of $18000 so your dmv tax is lower? What prevents you from doing the same for real estate property tax...
James Peters
Pulling a permit on a property with a tax lien?
I am in the midst of cleaning up a mess from a property I inherited. There is a tax lien on the property that I am working on cleaning up. Since there is a lien on the property it is still showing up in my Grandmoth...
Jacob Plocinski
Self Employment Taxes
I work full-time and have a side gig as a Realtor. I will probably only turn over about 6-10 transactions a year, equating to $14,000 to $24,000 gross additional income. I've read through the Self-Employment tax docum...
James Boreno
Do I have to pay Capital Gains?
Hello BP Fam,One of my SFH caught on fire and I'm in the process of selling it to a contractor. Had a quick question.I purchased the property for $500K about 10 years agoI'm selling the property for $575K with the Fir...