Kevin S.
Purchase Agreement for a Tax Lien Certificate bought Wholesale?
Hello All,
Recently I've been in contact with a tax lien investment company based out of Florida (I'm in Colorado) and am looking to purchase a few of their tax lien certificates. I was wondering what the recommended...
Londell Reedman
5th year of unpaid taxes
hello to the BP community So I have a friend that's approaching his 5th year of unpaid property taxes. He does not plan on paying either... The single family home is worth 200k. I offered to pay the taxes of 6k. what'...
Miles Presha
CREATIVE FINANCING SOS!!!
This is the 2nd time I'm asking for help so I will re-word and be brief as I've yet to get a satisfactory answer.....A hypothetical situation:Joe currently lives in a house on a lease option to purchase. Joe has a ta...
Rahim Branch
Short Sale tax problem
I have a tax problem stemming from a short sale that was done almost five years ago, Here's the situation,
I had a property that I was losing. I found a company that said that they would buy the property and negotiat...
Lindsey Johnson
Help structuring a deal!
Hey family,Question on putting together a deal that I could really use some help on. I have my second appointment with a woman facing foreclosure on Tuesday. She is 22k in arrears. She is delinquent on taxes and is in...
Maria McGary
Federal Tax Lien prior to a quit claim
Hi - I am in the process of trying to buy a property from a married woman in a contract for deed arrangement. The deed is in her name only.In researching the chain of title myself, I found that after she purchased the...
Jorge Borjas
Delinquent Taxes Georgia
Where and how can one get a list of tax delinquent properties in the state of Georgia? If I see in the tax assessor's website that they're late in taxes, does that mean that the property goes into a tax sale right awa...
Corey Dutton
Have You Fallen Victim to a Lending Scam? Share Your Story
We write on the topic of loan scams often and we always get a lot of responses from victims of these scams. People often ask, “Who do I report this to?” and unfortunately there is no straightforward or clear answer...
Account Closed
Tax implications and debt regarding a 1033
My land and building was taken under eminent domain and now I am being told I have to pay taxes on the sale ....It was an even exchange. Is this true??
Ibrahim Hughes
Deficiency Judgments & Debt Relief Tax Liability
If a seller of a vacant (and run down) property get's debt forgiveness in a short sale, are they liable tax wise (to the IRS) for the forgiven debt if the house was a rental at the time of purchase?
How about it was ...