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Results (10000)
David Song 1031 exchange from 2 properties into 1
18 June 2024 | 5 replies

Planning to sell two investment properties in CA and buy one primary residence in CA.Property 1 is listed and expected to sell in August to September timeframe (Around 150K long term profit, total sale price around 0....

Christine Seals what happens??
29 January 2009 | 2 replies

Can someone tell me if you owe more than the bank gets for your home during the foreclosure process who is responsible for the difference? Am I? Is it written off?

Thanks

John Smith IRS Foreclosure Redemption Likelihood? ~$1.3M Equity, ~$2M+ Federal Tax Liens
3 April 2023 | 2 replies

Hello Bigger Pockets Forum,
Looking for thoughts and feedback on the probability of the IRS exercising their redemption rights (during the 120-day period) to redeem a foreclosing property which has ~$1-1.3M of equity...

Linda Ford Changing LLC Tax Status to C-corp
20 December 2018 | 4 replies

Hi,I formed my LLC in February 2018 and will be filing taxes for the first time in January. I have been doing some research on changing my tax status to a C-corp and want to know if that would be ideal for me, conside...

Hisham Ahmed IRS Question for wholesale business
27 June 2023 | 8 replies

Hello everyone,
I just about to form an LLC in TX to do property wholesale, and I was wondering if I need to get an EIN number from the IRS for the business.
Is this kind of business taxable and I will need to file ...

Rome Cabrera Home Insurance loss of rent claim shorted by statefarm
11 February 2017 | 1 reply

Hi guys i recently had a fire at a rental property and my policy covered actual loss of rent The adjuster pays me 80% of the maximum 12 months since its been 9 months investigating me and repairs will take longer than...

Hobart King Setting Bid Limits for Tax Lien Sale in Indiana
24 September 2015 | 2 replies

Hi all,Just had some questions for the tax lien experts that have been around the block. I have never been to a tax lien sale and am planning on going to one in Indiana in a few weeks. I have never been to a tax lien ...

Frank Borzen Title company demands pro rated taxes after close?
29 December 2020 | 5 replies

Has anyone had this happen? Title company says they "did not estimate real estate taxes correctly" and wants $2500. Closing was a few months ago. Although I understand where they are coming from, it's a tough pill to ...

Eric Doud Capital gains tax
16 September 2014 | 9 replies

several years ago my parent build a cabin in Montana that they estimate is worth and would sell for 750,000 to 800,000. This is there primary residence, and are married so they would be able to keep the first 500,000 ...

Dakota Mivshek Canadian Capital Partner for flips & investments - how to structure?!
20 October 2023 | 8 replies

Hi there. I have a quite ready & willing capital partner who is a Canadian citizen. Actually a small group of Canadians. If we were to partner in such a way that included them providing capital and our team doing ...