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...
What are your strategies for income shifting? Long story short, I have a client who needs to support parents, and they can do some small "administrative tasks" in his business. What is the most tax-efficient strategy?...
My retired parents (in their 80's) are selling an investment property. They purchased it for 770k and it is now selling for 1.2 It was too much maintenance and work. They were considering doing a 1031 exchange but don...
We own a property that is valued at about $345,000, and we're in a position that we could comfortably owner finance, or just continue leasing. I'm just not sure what has better tax benefits for us? It's basically a ...
My wife and I are currently looking for a private lender or a owner financed home in Dekalb County in Georgia.
Here's the problem we can qualify for FHA, but our tax person screwed up our 2010 income tax. Needless to...
I see a home that was forclosed in November 2018 and when I look up the title it still shows the owners name. The home had no mortgage. It was foreclosed for not paying the taxes. The home is vacant now. So who will I...
Having never done Tax Lien stuff before, I am confused about the math, and I want to get clear answers. I am wondering how much do I get in profit if the face value of the tax lien certificate is $25.23 with a rate of...
My uncle got a loan from Road home after hurricane Katrina. There were a set of stipulations to the money, things like letting renters live in each side for a certain price per month, making the house livable, etc. He...
I have a two questions. We're going to rent the home we currently live, in starting in June.- How long can I rent it before having to pay capital gains. I don't now that I want to use a 1031. Not sure I want a differe...
I am looking at purchasing a lot .65 acres for sale near me, they are asking $69,900. The lot has a tenant owned mobile home on it that pays a month to month lot rent of $400. The issue I found is the land property ta...