Real estate investors are constantly seeking strategies to maximize returns and defer capital gains taxes. The 1031 exchange, a provision in the U.S. tax code, has emerged as a powerful tool for achieving both objecti...

Purchase Price = $126,500
Sell Price = $185,000

Don't think it matters for this, but Debt currently on it = $126,700 (purchased with 103% loan).

Owned for 25 months
I was told an Excise tax in the area of $3500.

Ca...

Hello guys I am looking to get some help making a list of potential properties to mail out to start my wholesaling. How do I look up or research properties in my area that are probate, absentee owned, pre-foreclosure?...

I'm getting conflicting information from Auction.com about the status of a contract I submitted after winning an REO auction.  About two weeks ago, I saw a desirable property marketed through auction.com, and after my...

Selling an investment property can result in significant capital gains taxes. To minimize this tax burden, consider the following strategies:1. Utilize a 1031 Exchange: Under IRS Code Section 1031, you can defer capit...

I bought a house during last years tax sale in ALABAMA that was owned by a mortgage/debt company. I took possession of it after I got the tax certificate and have paid this years taxes.I also sent the mortgage company...

I’m listening to this book; “100 Ways to Create Wealth” and it mentioned something that caught my attention.
 It said, when you’re playing a game, you’re having fun because there’s a challenge or hurdle you’re tryin...

Hello,
Rookie investor in need of some guidance with regard to a potential long-distance rental property in Kansas City, MO. My aunt is going to be selling her Single Family Home (currently off-market) and wants abou...

Hi guys,I think I am starting to understand why Robert Kiyosaki always runs to buy a property when he has an income from his business.Please correct me if I am wrong in my example:Lets say a person makes 100K per year...

Hey BP Nation! I posted this in legal and got no response, so I'm re-posting here.

I'm a General Contractor who has worked with several investors where they buy the property first and hire me to rehab. I quo...