Hello BP,  I have a situation that involves my father in law who's a longtime investor with multiple free and clear small apartment buildings in a good market. We are looking for advice or an advisor that can help w t...

If I am to purchase a property as the wholesaler of a transaction where the seller has unpaid taxes, who is held liable for the payment of the delinquency. A few things, should I (A.) make a deposit in an escrow stati...

Members of BP,I'm hoping someone with a previous similar experience or legal education can contribute to this question:I bought a property in April of 2014.  recently (in the past 3 months), I was contacted by the bor...

Ok.. I have a Primary residence that I'm turning into a rental in 2021. I have not paid my property taxes for 2 years and now 2021 are due.  They are about $9,000 per year.  I owe $27,000 total.   I'm thinking I shoul...

Just want to confirm that the Secure Act extended the deadline to open a Solo 401k account to the tax filing date so April 2021? I've seen some providers stating on their website that the deadline to open an account i...

I am considering two options for purchasing a A+++ SFR cash, Option 1 to place in a self directed IRA and let the IRA own the property and Option 2 is to buy in cash upfront and pay the taxes owed.I am 62 years old an...

There is a property included on a current NJ municipal tax lien sale listing with an amount due that is approximately four times the posted annual property tax due. The property was not on the tax sale list the pri...

For the record, I am consulting with my CPA currently who is doing the due diligence on this topic. I purchased and placed a long term duplex in service in 2020. Does anybody know the rules on completing a cost segre...

Going to purchase a small multifamily summer of 2020; looking for tax professional in capital district, NY for some planning advice - also to look at prior years taxes for sale of multifamily in 2017. Thanks

I don't want to get into the details here, but I'm owed a little less than $1000 due a mistake made at closing, on my personal residence. There is a possibility that one way of getting the money back is to sue the sel...