Jason Patterson
Delinquent taxes - homeowner just wants out
I've talked to a homeowner who inherited a home from her mother, hasn't paid taxes since 2008, and doesn't want anything to do with property - no profit from sale at all, just wants out. Per the tax lawyer the taxes a...
Chris Boyd
Evaluating Rental Property Mortgage Pay Off
I am looking for some feedback on paying off a rental property. I am not currently planning to buy additional real estate. The rental property was acquired with $35K down at $350K, with 22 years left on the mortgage. ...
Teri B.
Am I understanding Flipping & Taxes correctly in 2018?
Hello,This is my first year having my taxes done by a CPA. When tax season slows down, I will gladly pay to sit down with him to answer questionsIn the meantime, I'm trying go get a grip on a simplified breakdown. T...
Stephanie Lynn Narcisse
New to the game. Looking for some guidance.
Hello everyone,
I'm an architecture student that's looking to purchase her first property. I'm an international student at FIU and live in North Miami, Florida. My plan is to get a single family home with an efficie...
Brandon Taylor
david greene's argument for paying down mortgage faster
In David Greene's book "Long Distance Real Estate Investing" (which is awesome, btw) I saw an argument that I didn't understand fully, which is basically "you should overpay on your mortgages to refinance them faster ...
Kristine Eickman
What is the best way to pay yourself as a STR investor.
Say you have a profit of $30K a year and you have invested into your home as much as you would like to, for now. So you don't want to just put the money back into the house.What is the best way to pay yourself that 30...
Eric Williams
Disregarded Entity Qualification: Married Couple in Community Property State
Rev. Proc. 2002-69I found this guidance and thought I would provide a summary:It was issued to remove uncertainty surrounding treatment of an entity owned solely by a husband and wife in a community property state.Ess...
Kareena Sharma
Duplex vs RE syndication investment
Would you rather invest in duplex in CA that breaks even or invest in RE syndication for 2 years that offers you expected 18% annually
Example: Duplex in CA costs around $600k, down payment $120k, rent = mortgage pa...
Redha Laafia
Redeem house after tax sale
Hello Guys,We have the opportunity to help a person we know redeem its parents house that they lost at tax sale to an investor 8 months ago.Attorneys seem to say there is a way to file a petition at the courthouse, pa...
Andrew MacLean
Tax Implication on Lot splitting - Nova Scotia
Like most people I'm on the hunt for a proper BRRRR which as most people can tell has it's challenges. I'm looking at developing Area, smaller municipalities with some R-4 Rural (Duplex or Rural Comm) that could be us...