David Mirza
Tax Assesor Hearing - San Joaquin County
I purchased a SFH in stockton on December 2018. My purchase price was $250,000 and the assessor appraised it at $320,000 for property tax purposes. I have a court hearing scheduled for December 16 to try to bring th...
Lauren N.
PMI on a house hack- at what point does the PMI bill end?
Is the PMI a deduction on the tax return? How is it treated in the accounting?
Is there a point when the PMI goes away? If so when does that happen?
Aaron Moayed
Out-of-State Investing - Umbrella Policy = No Foreign CA FTB Fee?
Hi there,New here and to the RE investment world.My question:If I buy a property in a different state (say Indiana)/use an Umbrella insurance policy instead of Indiana LLC, and I reside in CA, can I forgo the Foreign ...
Nick A
Primary Residence to Rental Property
Recently refi'd @ 4.75 30yr fixed for $178k
- We've invested about $15k into the house since we bought it
- A sale based on comps could net around $150k, so I would need about $25k to sell the property
- Estimate t...
Petit Morne
What are next steps after win Tax Auction in Texas?
I stumbled into a Tax Auction while doing some business at the courthouse so decided to throw my hat in the ring.I ended up with 9 properties for $3,500I knew nothing about these properties beforehand but could tell w...
Phillip Henderson
House hacking tax advice
Hello BP members, I am a new REI in Oklahoma. I have purchased my first property and I am curious as to what I should do about collecting rent. I am house hacking this property and for tax purposes I am trying to find...
Mallory Thompson
Structuring a BRRRR Partnership
My husband and I are under contract with another couple on our first BRRRR. I've set appointments with a RE attorney, CPA and then have plans to do my research with insurance companies and lenders but wanted advice fr...
David Peterson
Buying Properties with an LLC
Hey Guys, As you may know conventional financing seems to be the way people typically start buying properties. I was hoping some of you kind folks would have some other suggestions. I am wanting to treat investing as ...
Sandy Blanton
IRS Lien
Will an IRS Lien survive a Tax Deed Foreclosure Auction sale? I've read they "die" if not renewed after 10 years. Thanks in advance for sharing.
Daniel Patton
Refinancing
I've heard about a strategy people use when buying, rehabbing and then refinancing to "get their cash out". Would anyone be willing to explain how refinancing a property works in an example like this? (excludes closin...