Andy K
How to use personal funds to invest using a corporation?
Hi,I have some personal savings and would like to use those to invest in real estate. But instead of investing in my personal name (for obvious reasons), I would like to use a S-corporation that I have formed to do th...
Jay Neaves
Conventional Lending - What are my chances?
To give you a brief overview of my situation... I'm from the UK, my wife is from Michigan. We currently live in the UK but will be moving back to Michigan next year. I'll be a full time real estate investor.
I'll h...
Oz M.
adding on to land parcel
I own 12 acres tied to my residence. A neighbor is paying taxes on 3 acres in flood zone adjoining my land. She says she will give me ownership if I take over taxes ($300 a year total). Would you say this would be an ...
Leland Titus
Can I buy a forgotten property for taxes in NM by paying them.
Hello I was approached by someone who would like to buy a certain piece of property. This property has been abandoned for quite some time. It took me a little while to figure out that it had actually went through fore...
John Choe
How to structure an offer to buyer that doesn't want to pay tax
I have a property that I'm in negotiations with the owner. He bought the place several years ago for $500K and has an additional $150k HELOC on it that may or may not have a balance. I have an offer on the table for...
Giovanni Ceron
Can I ask seller to pay my 1st year mortgage taxes & insurance?
Hi,Currently in the due diligence process of my first acquisition. As is, I will be inheriting a 1 yr lease that would result in negative cash-flow for the period. If, however, I'm able to have the seller pay for my 1...
N/A N/A
Do I have to pay taxes on capital gains on an investment if.
Hi guys, new here, can't wait to start reading through everything.
Question: I'm currently an investor on a 17 unit condo development in Glendale California. I'm a silent parter and have 400k in the project and am exp...
Rubin Thomas
delinquent taxes on a property I just bought, do I have to pay?
Hi,
I just purchased a SFH 2 months ago and received a notice from the mail from my lender that there are delinquent taxes over the past 3y from the previous owner. The lender says I have to pay for them.
I had no i...
Gregory Williams
I need to pay my car sales tax to get deals and close
I’m frustrated, I’m working on paying my sales tax so I can drive my car. I’ve been doing everything I can to close a deal without wheels even driving for dollars in my brothers car(limited driving since he works alot...
Amy Turnbull
I sold a home in another state--do I have to pay tax?
I appreciate responses about this. I don't want to get dinged next year or whenever if I need to pay sales tax. I mean, I have paid my income tax but pretty sure Massachusetts wants a piece of the action!