Brian Colbert
Who Pays the agent on an REO
I am interested to learn if the bank pays or does the buyer pay the agent on an REO. Also I know everything is negotiable but the website I see say they won't. Any advice from someone how knows?
Daniel C.
Tax implications for husband/wife starting in rentals
My wife and I are finally getting started with rental properties after months of research and a lot of property hunting. We're going into contract on two duplexes, with one in her name, and one in mine, for financing ...
Bianca Navalta
JV Partnership or Promissory/DOT in Texas?
Hi all,
We have a close family friend who wants to invest in our first flip with us, and we are trying to figure out which type of contract to present him with - a JV contract or a promissory note with a deed of tru...
Malik Sesay
Taking money from 401k
401kHow can I go about finding the % penalty for taking money from 401k for real estate investment?
Jake C.
Donating ~17 distressed SFH's in Chicago
Hi All,I have a friend that had a large single family rental portfolio here in Chicago in 2012. He ran into some financial trouble, went through bankruptcy, and ended up with a remainder of his initial portfolio, abou...
Loc R.
Clarification of Self-Directed IRAs/401(k)s
There's a lot of vague information out there...I'd like to post this in an attempt to generate some answers that everyone can ultimately reference.
(Assuming you're under 50 years of age)
Roth IRA
Income (AGI) limit...
Keisha Lawrence
Tax Deed Newbie Miami
Hello! I am new to BiggerPockets and a newbie to tax deed sales. I had a general question, if a bid is won on a tax Deed property, is all lien associated with the property cleared/wiped off?Thanks in advance!
Ryan Dossey
Closing tomorrow.... question.
Seller texted me letting me know she's excited to close tomorrow at 9am. She saw on the hud statement that they owed 2k in taxes so she went to the office and paid it. She has a receipt that it's paid. Will they just ...
Samantha M.
Rental Properties and Capital Gains
When you go to sell your rental property, typically how much do you lose to capital gains taxes? For instance I have a rental property we purchased in 2008 for about $60,000 after rehab and fast forwarding several yea...
Account Closed
Tax advantages of incorporating
It is my understanding that the tax advantages of an incorporated real estate holding company for buy and hold investments do not kick in until there are at least 5 full time employees on the payroll as this is the po...