Jonathan Hammann
Tax Lien Buyers Club, Don't Do It!!!
First of all sure, maybe you did it and had good time, buttt from what I've read all over the internet its basically crap. Sure the info and videos were good. However they don't tell you the full story.
I was told, l...
Andrew Butler
Rich Dad Poor Dad Question on taxes
Hi everyone,This is my very first post and i have a few questions. I just started listening to the bigger pockets podcasts and i am now obsessed. I love learning and trying to educate myself. It quickly became evident...
Dan Fields
Do I need an accountant?
Hi, I'm new to real estate investment. I recently purchased a 2 unit home in southern Maine. I couldn't be more excited about the purchase. I moved in Jan 1st but I realisticaly won't be getting a tenant in the other ...
Chris Mason
tax consequences of liquidating retirement question
Hello Wise Tax Professionals,Quick question for you. I'm not actually in a position to do the below, but I'm going to be a hypothetical person with a crap ton of money in retirement accounts, a mix of 401k and IRA.- I...
Account Closed
Are Principal Payments Subject to Income Tax? Asking for a Friend
What's up everyone! A close friend and I just had a discussion regarding the tax treatment of P&I. Whoever is right gets a bottle of Tito's so, no pressure here! While talking up funding strategies, I mentioned to...
Andrew Martel
Buy and Hold Basics
Hello All!
My questions for the day is about buy and hold basics. I'm a bullets kind of guy so here it goes:
What is considered a "good" cash flow for a single family rental home... $50? $100 $200? In...
Tyler Matthews
Cash Out Refinance -Tax Free
I have been listening to several podcasts where people talk about cash out refinancing their property and the money is tax free. How is the money tax free? I'm located in Maine
Bingji Wang
refuse to pay the subsequent tax in Louisiana
The following is question and answer on official auction website of St. Tammany, Louisiana.
Who is responsible for property taxes that become due after the tax title sale and during the redemptive period? The buyer...
Thomas Carney
Thinking of trying tax lien sales this year.
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...
Dan D.
The Tax Question
So I am just starting out here and in the process of educating myself. I think the BRRR method is great; but, I don't have the resources set up to execute this strategy (yet). I also make decent money and really nee...