I spoke with a seller today who has stopped paying taxes on 5 acres of rural land. she lives out of state. She told me that she bought the land from a lady and her sister owned the title company where they closed t...
Hi All,I live in Houston, TXThere is a piece of land which is adjacent to mine. The owner has not paid taxes and the county has sued him multiple times. The guy has fled to mexico for whatever he was doing as I unders...
i met the owner of a vacant lot yesterday and he wants to sell it. he's tired of paying taxes and water bill on a property that he makes no money on. there used to be a house on the property a few years ago but it b...
My husband and I have a parcel of bare, unimproved land in South Carolina for sale and a potential buyer is asking is we would consider owner financing. What are the benefits and potential downsides to this?
I recently was notified my tenants are not renewing their lease to a rental property I own. I would love to make it my primary residence and would love to hear other thoughts on my pros/cons list.
Pros:
I have about...
I need some input on self directed IRA's. If I bought a mobile home or other property with the IRA and collected the lease payments from a lease purchase agreement and paid the federal and state taxes would that cons...
I’ve read the legal paperwork regarding what’s done in order to quiet the title on a tax lien property. My confusion is, how far back does people who hold interest go?
I purchased a tax lien that was sold the next y...
The clock is ticking to tax day, and you could be stuck with a big tax bill. Thankfully, if you own real estate, reducing your taxes is easy. Don’t know which write-offs to take? We brought CPA and real estate investo...
Hi everyone,For those of you that are full time real estate investors that hire GC's for your rehab projects, are having your contractor complete a W9 and issuing them a 1099's?I have had mixed answers and wanted to h...
Hey BP! I currently own a couple multi-family properties that are all LTRs and work a full time 6-figure job, so becoming an RE pro is almost impossible. I max out the $25k to offset my W2 under passive activity rules...