David Grootegoed
1031 exchange - taxes and not matching debt
I’m under contract to sell a rental I have and I’m planning on do a 1031 exchange. I have a few questions that I’m hoping you guys can help me with. We are planning on taking some of the cash from the sale and paying ...
Kathryn K.
Insolvency, 1099 debt forgiveness and future taxes
I have a co-worker who did a deed in lieu on a rental property and subsequently received a 1099 for the difference between what the bank sold it for and what she owed on it, which was 144K. In order to avoid huge ta...
Maileen Calhoun
County Tax Sales - Newbie Yay or Nay?
Has anyone started out in investments by buying from local county tax sales? I live in Illinois and am looking to secure my first investment. The local property tax sale is coming up in November. Since I live in the a...
James Whitney
Tax lien on property owner willing to quit claim
Hello everyone, This situation just came up in my family. Family member A lives in Missouri and owns an income property here in Indiana. "A" has not been paying Indiana property taxes and received a letter that it wil...
Daniel Kim
Question on needing $360k in15-30 day for forclosure
Hi,There is currently a for closure by the bank that will provide the property free and clear of any past tax debts and title. My question is the property is $360k and I'd like to know where I'd be able to obtain a lo...
Eric Dandridge
Questions about becoming a developer
Hello all? Can anyone recommend any land developers in Richmond va? I am a wholesaler who's interested in developing land? Can anyone make suggestions, and where I should start or how to get my feet in the door?
Thank...
Juan Bravo
Seller offering Owner financing to then bank financing
Hi BP community!Ok, how do I start?... I found an incredible farm that I'm trying to purchase in Puerto Rico. It is owned by a group of investors and seems like they're very motivated to sell. When talking about finan...
Jonathan Berridge
LOOKING TO FINANCE MY DREAM HOME AT A DISCOUNT! need help with a few roadblocks
So I’ll start this post out by saying I’ve been reading threads & learning on BP for awhile now but just haven’t been in the right position to make much of a move so I never even bothered to make an account. Howev...
Brian Junkert
endangered property
I have a property in Alaska, that I am behind on taxes on, not yet to the point of tax foreclosure, but no way to pay the taxxes in the forseeable future. My mother is behind on payments buying the adjacent property. ...
Sean Kelly
Looking at C properties 2hrs away
Looking at 3 wholesale properties in Jackson, TN: a duplix and 2 SFU's -- total rent ~$2150. They are definitely in C areas & tenants (one of them is section 8) but are leased, recently rehabbed, the cash flow is ...