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Good afternoon everyone!
Considering this is my first post, I would like to start out by saying what an awesome and educational forum I consider this place to be. I have been lurking around for a while now as a gues...
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Hi All. I'm working a deal where 1/2 owner (an elderly woman whose affairs are being handled by her nephew) is willing to sell while the other owner (heirs of the deceased 1/2 owner) refuse to cooperate.
They tried t...
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Do you need an LLC to report business expenses when filing taxes?This is a question I have had for a while, have researched and talked to a few people about it, but I can't seem to get a straight answer on. I even con...
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Hello everyone,We have been searching the posts here on BP and still haven't really found a specific answer to our question. How do you calculate tax on a 1031 Boot? Here's our situation: We sold one property and...
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Curious if anyone has experience with Tax auction properties..... In my state there is a delinquent tax auction held once a year, then there is a 12 month redemption period. If not redeemed the property is signed over...
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Whats up everyone? I'm a new real estate investor in Pensacola, FL. I'm currently still active duty military, and my goal is to get my real estate business firmly established in the next four year so that when I get o...
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I have searched BP forums in a few ways to see what the chatter is about Puerto Rico and the posts that pop up are old. Very surprising. I understand that PR is kind of USA territory but kind of not - which will under...
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I bought a duplex and feel like I did everything wrong from over spending on renovations to who I hired for contractors. The learning curve a killer but now I am stuck on unloading my burden selling it to break even o...
How many Wholesalers doing Double Closings are paying the Real Estate Transfer Taxes?These can be quite expensive in some places. For instance The State of Pennsylvania charges 1% of the sales price and the munici...