My name is Jason, and about three weeks ago, I did my taxes, and for about the last 4 years or so I kept looking at the amount of money that the wife and I are paying in taxes.I started to research ways to invest som...

Ok so when we had our inspection we knew that the breaker box was going to fail. It was rusted had open spots in the panel and moisture damage was present the main wire had what appears to be burn damage on it coming ...

As I'm trying to come up with estimated closing costs to run the numbers on potential deals, I'm trying to turn a more critical eye to the closing costs from buying my personal home last year.  It turns out that I pai...

Hi all,  I'm getting ready to go live with my very first rental. I want to set up a separate bank account to have rents deposited into. My question is; should I have multiple accounts to split rent revenues? What i me...

If a person does a short sale and receives a 1099 as if they collected money.. the difference between whats owed and the short sale price... Is there not tax implications?

This is my 1st time with 1040 and rental.a) Is it possible to list the closing costs under any expense item - eg. commission. I bought the house so technically didn't pay any agent. I also took a no-point loan but I s...

I have seen several investors do this, but cannot fully understand the benefit, and I am pretty well versed in tax and entity structures.

Situation: multi-member LLC owning rental properties and only has pass...

Hey everyone,I have been doing tons of research on tax lien investments but there is still a lot I am unclear on. Lets say I buy a tax lian how long before I can foreclosure on the property. Also once I foreclosure on...

Estate Planning / Tax Question located in CTMy parents plan on retiring over the next 5-7 years and have 3 rental properties with mortgages on them. They will have the ability to pay the properties off if needed. My q...

Ok, I had to put the business on the back burner for a bit, my eldest son just moved up here from Mississippi along with my grand-daughter (woo hoo). And I was waiting on him to move up here in Washington, I am lettin...