J Folsom
Buying single family home zoned as multi unit
We are under contract for a beautiful SFH in Chicago. But during attorney review see that the house is zoned for multi unit. We think the sellers bought it 6 years ago as a multi-unit, did some renovations and have li...
Andri Artayudianto
What causes a property tax on a property to up & down?
What causes a property tax on a property to up & down?I saw a property with a property tax that jumped $4000 in a year. How did this happen?
Alejandro Perez
Tax Lien or Deed Question (Can Property Owners be Contacted?)
Hi, quick question, I've read that the Tax Lien Holder is not allowed to contact property owners for 2 years from winning the bid, does any body know how it works for Tax Deed and how about other investors? Can other...
Theorun Maxwell
Tax certificate Alabama
The House Bought in tax sale .House is up for sale .Call the agent ask her to remove the sign and listing and Lock box on 6-30-17 .How long Should i Give the agent to removal sign listing and lock box.What are my opt...
James Dunn
Tax lien - can I buy from current holder and then request a tax deed
I was approached by a seller who has a property he's looking to sell. It's a rental and he's pretty much washed his hands of it from what the renters tell me. He hasn't paid 2009, 2010, or the 2011 taxes and they've b...
Christian Arellano
Assigning a Lease Purchase Agreement
hello,
I've been reading about Lease Options and I found that anyone can make quick cash by assigning their contract. I just want to know if this is the basic way of doing it.
Step One: Find a motivated seller
S...
Daniel Hart
How to offset capital gains from a flip
I don't normally seem to make money, so I don't have this unusual problem :)
I am expecting a gain of about $50k this year from a flip deal. I have 15 rentals and I will probably depreciate them all, and take any ...
Jeff Miller
Sec. 121: Is Home Office to Support Rental Treated Diff. vs. Other Home Business Use?
I'm trying to reconcile my (50/50) partners historical tax treatment of our mixed-use residential property with mine, among other things.
She's always had a tax pro, I've always DIY.
A big mistake: I've always done...
Fahima Hilal
Vacation rental in the Poconos
Hi, My partner and I are looking to invest in the Poconos, both for vacation rentals as well as long term rentals. If anyone can guide us with contacts of Property Managers or sellers and any information that could be...
Taylor Rider
Should I get an LLC?
Hello BP,If I am considering renting my house out and moving into another home. Should I get an LLC? Whats your thoughts on why or why not? If not now then when should I? It would be the first rent home in my portfol...