Over the last several months I have been researching and preparing for the local Wayne County Tax auction. The Auction wrapped up yesterday and when it was all said and done we only purchased one property. Here is a q...

Hello all,I wanted to refinance my mothers home in my name however, apparently according to my conventional lender, she would have to sell the property to me and I would have to complete the transaction as a purchase....

I have 6.4 acres of land in Lonoke County I want to sell. After talking to the courthouse on getting all my paperwork they tell me that a house my uncle had on the property has $6,339 in back taxes in his name. They t...

My California condo has been used as a rental for the last 8 years. I will move in this month with plans to stay for 2 years. If I then sell after 2 years ($160,000 gain) - do I pay any taxes on the $160,000?   I've b...

I am looking to buy a HUD home as an OO and was wondering if HUD has already paid property taxes for the year or will I pay a prorated share at closing? I intend on purchasing title insurance and having an inspection...

Hello,I sold my main home last year with owner financing, and am coming across competing tax laws between the Installment Sale side and the Sale of Main Home side.  We qualify for exempting the gains and the entire pu...

I've read several BP articles on 1031s and am left with a lot of questions: 1. What happens if the final investment property is converted into a primary residence and then after at least 2 more years sold as a primary...

What do you guys do going into a conventional loan? Do you obtain a mortgage and supplement it with en escrow account or do you pay property taxes and insurance yourself? Usually banks want to give you a bit better de...

I just received a check from a northern Arizona county that pays off 7 years of tax liens I hold on a vacant land parcel. I earned 16% on the money. This was a simple vacant lot that had a foundation but the home was ...

Hello Investors,

I'm looking at investing out-of-state since properties here in Massachusetts are very expensive and gives me a poor ROI.

I'm aware that I don't need an entity to receive tax deductions on rentals. H...