Bastian P.
Florida Tax Certificate / Tax Deed Questions
I am living in Florida (Brevard county) and I recently came across tax certificate auctions. I was searching for tax certificates and some are as low as 40 USD and some go up to 14000 USD in Brevard. I hope this here ...
John Thedford
Dear FL Tenant: I Intend To Impose A Claim On Your Security Depos
First: security deposits do NOT belong to the landlord. They are exactly as stated: security deposit.They MUST be housed in a FL financial institution per FL statute. They cannot be co-mingled.Now, your tenant left "d...
J Scott
Advice on Buying Property Secured by Tax Lien
Would love some advice from the experts here...
Someone approached me with an offer to sell me a property -- he doesn't actually own the property yet -- he purchased the tax lien and has the intention of fore...
Account Closed
An open ended study: Realtors & Off Market Property Ethics
My buddy, Joe, who is an investor was shown this off market property in DC and he inturn showed it to me. We subsequently entered into an JV agreement to pursue it. Apparently, He had a relationship with this broke...
Melissa Sheehan
Working with emotional sellers
Hi BP! Within a little over a month, I have gone from watching my first webinar + signing up for pro to making offers here in the bay area. It's been tough here as a first time buyer and often feels I'm in over my hea...
Jonathan Paz
Disposing 1031 Exchange Property Question
Hello, I am trying to get an idea for the tax consequences I would face by selling a property that I acquired via 1031 exchange. Here is the background:*I purchased Property A on Feb 2016 for $109K with cash, rented ...
Aaryan Patel
What are the tax benefits of real estate?
Can someone explain the tax benefits of real estate? I know what the 1031 exchange is, but don’t know the concept of depreciation and how that is a benefit to real estate investors. Any other tax benefits that you g...
John Seitz
How are people making money when using contractors?
Hello, I am a newbie and a fix and flip virgin. I'm spending a lot of time learning how to analyze properties and finding that the current market offers some pretty slim margins for profit. I'm a DIYer so most of the ...
Elliott Beckstrom
Should I put Single Family LTR in LLC
Hi! I have a property in Denver that I'm renting out long term. I got a letter from my mortgage company that said I can move the title into an LLC if I like without triggering the due at sale clause. This is the only...
Egan Lohman
Brother's in jail, squatter won't leave, house is a wreck
Hi BP community. Any suggestions, or guidance on this one would be most appreciated! Here's the deal:Two brothers inherited their mother's home when she passed away. One brother is in jail for 15-life, the other is...