Brittany Edwards chu
Looking for creative strategy for tax lien/bankruptcy situation
Hi! I'm a fairly new investor (about a year in) and have been looking for deals off the mls, as the competition is still fierce in my market. There is a house on my street with elderly owners that came up on my forecl...
Bingji Wang
Harford MD, bid 300% of Assess Value for liens. Insane?
Today I attended Maryland Harford county tax lien sale auction online.As show in the screenshot above. Why people bid at 300% price of the assessed value for liens?According to the county's rule, the 300% of assess ...
Therese V.
Calculating Capital Gains When No Ordinary Income
Someone I know bought a property in the 70s to use as a second home. They did this and then turned it in to a rental, self-managed, after a number of years. They never took depreciation on the property for whatever re...
Nghi Le
Tax Deal?
I came across a contractor who had two different sets of prices/bids; one that he calls his regular price, and one that he calls a tax/cash deal. The tax deal is always a great deal, but I wonder if I could get in tr...
Kaiden Foster
Shot-Term Rental Anchorage Tax
Hi all,
Just recently listed my first property on Airbnb and I have a couple questions about taxes. If I understand correctly, Airbnb automatically collects Anchorage muni 12% tax from the guest (see article here) an...
Oscar Tol
To BRRRR Or not for first investment
Hey BP!I wanted to get some insight and advice from the BP community.I’ve decided to get started with investing (finally),however, I’m am stuck with the analysis paralyses.I’ve chosen my geographical location to be th...
Alick Patrick
Need A New & Good RE Accountant and Corporate Attorney in Los Angeles
I tried doing a search for real estate accountants and corporate attorneys and I've noticed that when I call the popular ones or big dogs I get thrown to their assistant or some person under them. On the other hand, t...
Achi Adamit
Can Vacant lot be Sold as a 1031?
My partners and I are in contract to sell a small vacant lot in Philadelphia for $35,000, which we bought a year and a half ago for $20,000. I know its not a lot of money, but I was hoping I'd do a 1031, but I was to...
Derek Boxdell
Analysis | Calc Review Assistance
**Reposting based on Davids suggestion... Thanks David!Hi Bigger Pockets!I'm new to the investment world and figured it was about time I come with my hat in hand asking for some help from the community (I've lurked fo...
Krista Burke
Self employed and struggling with lending
I am self-employed and really struggling with traditional lending. My husband and I have saved money up, paid off the credit card debt and raised our credit scores to excellent , all to start the goal that we have of ...