Michael Brown
Should I avoid foreclosures?
I’m considering purchasing a foreclosed home, ARV and property location is great. Is there anything in particular I should look out for when it comes to purchasing a foreclosure?
Daniel Rutledge
Question about DTI and counting rental income
I am planning a few refinances and want my ducks in a row. I have two questions on how conventional banks calculate DTI. First question is will they count W2 income from gross or adjusted gross from tax documents? For...
Guillaume Rouleau
Short Term Capital Gain Tax in CA
Hi !! I have a question about tax rate on capital gain, I got multiple rates, and not sure which to rely onI made X amount on a short term sale in Los Angeles, Bought the property in January 2016 and got offered a hig...
Guillaume Rouleau
Short Term Capital Gain Tax in CA
Hi !! I have a question about tax rate on capital gain, I got multiple rates, and not sure which to rely onI made X amount on a short term sale in Los Angeles, Bought the property in January 2016 and got offered a hig...
Lori Sekol
Opening a Nevada foreign LLC
Several real estate investors and some rental property owners have explained the necessity of a foreign LLC. Specifically Nevada protects you from identity, state tax for some amounts (you simply pay state tax on your...
Mike Joesph
Will Rehab costs save me on capital gains tax?
If I purchase and rehab an investment property, can I then deduct all my costs and expenses to wipe out most of the capital gains taxes after I sell?
Will Foster
Rehab Costs / Business exprense?
Hi BPers!!I've recently been on the Forums asking about using the BRRRR Strategy, and have had some great insightful discussions.My next question is Rehab costs and business expense.If I use the BRRRR way, and I use m...
Paul Vonseckendorff
NJ Tax Lien Foreclosure Questions
I am looking into Tax Liens in New Jersey and have a few questions.
Q1 - What is the range of how much one will spend in legal fees and costs to do a tax lien foreclosure?
Q2 - Can all of the foreclosure legal fees ...
David Soest
My review of Lifestyles Unlimited in Houston Texas
I just got back from the two day seminar in Houston, been wanting to go for years and after losing 17K on my last flip I decided it was time to pay the $750.00 and go. If you know nothing about real estate I'd say it'...
Jody Schnurrenberger
Tax Sale Info for AL Investors
Well, it's tax season and tax SALE season. This is my first year entering the tax sale fray and I was really nervous. I spoke to friends and read online. I even tried to find a book on Amazon (for Alabama, don't bo...