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?

I have focused on saving for my retirement through my 401k for my first few years of work after college. I managed to save up $100k to invest and have decided that I will no longer contribute more than my employer mat...

Last year I was told about trying my hand at tax lien sales but it was after the time that the properties tax certificates were being sold.  I saw the property list last year and they had homes still in good shape for...

I'm still working on building up cash reserves before jumping into investing, but I want to nail down a strategy to pursue once I have enough cash. I really want to pay down student loan debt to $0 so it's not hanging...

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...