It's been a long road, but I've finally paid off one of my mortgages TODAY.The good thing about this loan is that I took it over "Subject to" many years ago and the owner of the loan had already paid it down some(the ...

Hi all,

If someone buys a tax deed at an auction, does that mean they now own the property? Does the previous owner have any period of recourse? If so, I'm assuming the time period depends on the state? Thanks!

Good morning BP!So I want to try and buy my first note. I don't really have that much capital, but I want to start out somewhere and learn what is all involved. I am already registered on fciexchange.com, but really h...

Hi BP community!
Have an interesting situation, looking for ideas on the best way to solve a problem for a distressed homeowner.
The family purchased a lakefront property in a nice area three years ago but then ran...

Questions for you Tax Pros out there.  Will the amount of social security benefits be reduced if an individual receives rental income of let's say 80K a year.  Assumptions:  Social security is taken before full retire...

I have a question that I hope I can either get an answer or direct to someone that can help us out. Our current situation is that an investment property we acquired in 2009 is under my sister name. She is single and d...

Quick survey here. I heard a quote from Rich Dad's tax advisor Tom Wheelwright saying something like "if you're investing in real estate and you're paying taxes, you're doing it wrong."

So, do you pay taxes? How man...

Is it possible to wholesale a property under tax lien? If so a brief summary or even link to a good video/article would be much appreciated! 

I've tried searching the forums, but couldn't find an exact answer to this question. Depreciation reduces the cost basis of your property, and has it's own, 25% depreciation recapture tax rate when you sell. So if you...

I definitely need an expert opinion on this from a veteran in this market. From my understanding, the total tax paid should be 12.75 percent, and what I read from older posts was that 9.75 percent is collected, but ho...