I have around $250k to play with, and I'm considering buying notes off FCI. Can anyone tell me what I'm missing? Many of the 1st position notes (non-performing) sell for a fraction of the value of the property. It s...

Hi All,I have read a lot of posts & books and even attended "Guru" seminars that all seems to make the same statement that a Flipper pays his/her profit as active income - in tax bracket of 30%(?) vs. 15% capital ...

Hi Guys,  I purchased a property 2 weeks ago - purchased as in went to settlement, paid the title company, received keys from the seller- and I received a call today from the title clerk stating that she was contacted...

I have a single family rental right now.Vacancy adjusted, I bring in $21,000 a year in rent.My annual expenses are:Property tax: $3200Insurance $900Washing machine $500Plumbing repair $250Irrigation turn on and turn o...

Hello BP,I'm considering refinancing my rental properties and was curious if anyone had any input on the situation...I own a vacation rental free and clear which is worth about $500k and brings in roughly $10k a month...

Hello! I'm a new investor seeking help with a long term situation. While I was I the service, I was stationed in Valdosta, GA. I purchased my first home in March 2008 through a VA loan (0 down payment) for $159,000 w...

I may be able to acquire a very nice property in one of the most desirable locations in the SE.  The home was built in 2004 and needs little to no work, it is simply facing foreclosure.  After running the numbers, the...

Are you receiving your rents since lockdown ? Any specific government advisories in your region?

So...if one receives a large insurance claim and decides to pocket it initially to pay off a mortgage and later does the property repairs what are the tax consequences? Using the dollars to pay off the mortgage initi...

Selling property in an LLC that I own with another investor.  I'd like to 1031 exchange my portion into another property that I'd buy myself.  Kosher?