Okay..  I have a property in Baltimore city that I didn't pay the taxes on and the the tax lien certificate was sold at the last sale for about $5,300.     I was about to pay it off and then I saw the person Bid $55,...

Hello! I know that during analysis to get the NOI you take the rental income and subtract the operating expenses. Then to get your monthly cash flow you take the NOI and subtract the mortgage. Aren’t taxes and insuran...

Hello,Has anyone purchase a home using the money from a QDRO, I just got divorce last month, I know that I can use the 401k QDRO money penalty free but not tax free… pros and cons, any advice? I am a first time buyer ...

I was usually using option 1, but I was recently introduced to option 2 and would like to get feedback on its caveats:Option 1:- Contribute to the Roth portion of a 401k (lets assume $50k)- Invest this $50k in a syndi...

Hi All! What is the easiest way to set up a company that limits liability? There are many different methods and people talk about a lot of different things here. The most common answer is to have a LLC for each house ...

I'm looking for ideas on how to best coordinate constructing new buildings to an existing apartment complex in PA. Our current lender requires that the borrower be a "Single Purpose Entity" and has specifically stated...

First of all thanks in advance for any replies. I'll try do be as clear and thorough as I can with my question. To give a little info....  a woman won some property in a judgement and received a fee simple title. This...

Hello All, had a question, in Florida, when buying from an auction does buying the 1st Mortgage wipe out the 2nd Mortgage?

Hi all, Big Ben here in Chattanooga.

I'm in talks with the long time owner of a 17 unit apartment building, 1bdrms and studios. He owns it outright and has taken all of his depreciation. Grossing around $7k a m...

Hello,I made my first purchase back in July.Just getting a feeler out here to see if anyone can suggest or if there are any CPAs/tax professionals on here that I could have a meeting with.Haven't decided if I'm going ...