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Has anybody had experience with tax lien sales? Is it pretty often or rare?
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It is my understanding that junior lien holders essentially get wiped out if the owner of a tax liens forecloses on a property.
Example: House worth 100k with a 1st mortgage of 75k, I buy the property tax lien for 5k...
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Hello BPers! I am new to BP and ready to get serious about investing in real estate. I live in Cleveland, OH. I've always been interested in RE and I'm finally at a point where I'm ready to put some money, effort a...
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I have a May 2012 tax lien for a lot in Lee County.So I need to file a Tax Deed Application. I do understand I would need to payoff all the other years of tax liens on the property. How do I find out, if its worth acq...
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.....What is the best for me to ask this owner if he wants to sell. He lives in another state. The house is close to my mother in law's house. My husband actually knew the family when he was a child. The mother di...
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Hello, I’m new to the landlord business and have a tenant who owns a mobile home on my property but owes taxes on it. They always pay late and I have sent a pay or vacate notice within the time frame required by law. ...
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I recently had one of my 1099 employees approach me about helping him deal with some back taxes that have come to a head and he is running out of options. He owes $60,000 to the IRS from 2004 taxes and he has asked me...
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If you buy a rental property under an LLC, do you have to pay taxes on the income in produces? I'm located in Michigan.
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Hi - does anyone include an estimate of tax savings based on tax deductible items into their proforma? I know it is not truly part of 'total return' but I would like to include it in someway to help analyze the TOTAL ...
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check out this deal I can get.
30 units total. 5 buildings - (20) - 3 units, (10) - 1 units
7 acres of land. 4 acres of woods.
Land is valued at almost 100k alone.
Condition is really ruff. The good is concre...