Brandon Watson
Alabama Tax Liens: What fees to charge?
I recently purchased a tax lien from the state of Alabama. The tax sale date is 5/23/2017. I went by the property multiple times. There was no indication of someone living at the property while waiting to the certific...
Account Closed
Need CPA who understands Rentals and Investors (Chicago, IL)
I've bounced around CPA's the first couple years and looking to know if there is CPA you have worked with that understands our business and provided you with solid advice as well as helped to minimize the taxes you pa...
Bob Asad
Best Options for Upgrading to a New SFH?
If I live in a $600k SFH and have around 50% equity but want to "upgrade" to a $900k SFH, what would be the best option?I was told by the bank that I couldn't do a 1031 because it's a primary residence, and 1031 are o...
Taylor Cook
Primary Residence vs. Secondary Residence
Have a buyer who wants to buy a home in CO, but lives in CA. She plans to rent out part of the time, but also stay there part of the the time. Can she claim this as her primary residence if she is renting in the state...
Carl Trube
Assuming the mortgage of my parents house?
Howdy y'all! My mom would like me to assume the loan of her house to ensure it remains in my name. She and my stepdad would continue to live in the house and pay for everything (e.g., utilities, mortgage, etc.). Essen...
Dan Host
Financial folks, I'm stumped. What's my best first loan option?
Hey there! Sorry for the long post. The urgency will be clear by the end, I promise. I'm ready to buy (or so I thought) my first investment property. I've got great personal credit, about $70k in liquid assets that I'...
Ann Howell
Assuming risk when foreclosing on a note
Hi all - I am new to Bigger Pockets, and I am exploring several investment options. One option is to buy first position, performing notes. I want the monthly cash flow more than I want to get the property.However, I...
Lynn Henley
Tax Lien on Parking Lot
I own tax liens on the parking lot and entrance driveway of a townhouse subdivision. Thinking ahead ... if I end up with the deed via a tax foreclosure, what are some creative things I can do with the entrance and...
Daria B.
UBIT? does it apply 4 SDIRA lending
Hi all-I’ve done quite a bit of reading and searching the forum - some posts came close to my scenario but not on the mark. For 3 years I have been JVing with a partner to buy Mortgage Notes (6 plus to 1ur holding) - ...
Ian Turner
Solo 401(k) with Husband/Wife Tax/Non-Tax Funds?
Hi all, I'm looking for some advice on how I can best structure my retirement account real estate investments to leverage my real estate knowledge for these long-haul accounts. Background: Experienced and diverse rea...