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What do you say to a seller when they ask how does a short sale benefit me after I've done bankruptcy? Are there even any benefits? What I've been saying mainly is that its added protection and gets your name out of i...
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I’m trying to understand the process of investing In tax sale auction. From my knowledge you pay the taxes on a home from there you receive some type of certificate saying your going to get a rate of return on the ta...
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First time landlord here. I have been using turbo tax for 10 years using itemized deduction for my personal income tax. Last September 2017, I bought another home and converted my primary residence (since 2011) as re...
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Hello BiggerPockets!I'm exploring the possibility of getting a 10-unit apartment building. With that in mind, I'm wondering if I should get an LLC.Benefits of LLC:1. If I live in the property, I, Jared, can rent from ...
I'm researching a foreclosure coming up for sheriff's auction next week and discovered there are several judgement liens on this property and a second mortgage. The primary mortgage holder is foreclosing. My ques...
We want to identify 8 properties.
1. If one property falls through is the whole exchange lost or just the one property's value gets subtracted from total value of property accumulated and liable for capital gains ta...
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Trying to decide how to file our 2018 taxes. Wife and I retired a couple years, except for the part about working all day, most days. We have a house that is and has been our residence for many years. We also have oth...
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I'm just days away from closing on a duplex . The rental portion of the duplex will cover my mortgage and upkeep.When I quit my current job I want focus on my small business and also supplement my income by cashing ou...
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Hello Everyone plenty of great information here...and lots of great advice so I have a question I need some opinions on...I am currently selling a 4 Plex and a 3 plex I own in Hamilton Ontario Canada (Outrageous pri...
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Hi BP Carebears!My girlfriend and I are looking into buying the first of many income properties. We'll be taking it slow to start by doing the House Hack technique, but we would like to eventually build a nice portfol...