Hey everyone! Wanted to introduce myself. I’m located in Watertown New York in the middle of nowhere! I currently have 4 rental properties and am about to close on the 5th. I’m super excited about real estate and the ...
Hello. Couldn't write much on the description but here is the situation but first a quick background. I own a 4-plex and I self manage so I have some experience. My family and I live in a house (El Paso, Texas) we are...
Looking for best course for the situation in Alabama based on a 2019 tax certificate:
1. Purchased tax certificate from AL state. Sent demand notice and called owner regarding ‘neglected-squatter ridden’ house. Owne...
I'm curious if anyone has tried to deduct the cost for an account on Audible.com or a similar audiobook database subscription on their taxes? Can you justify that there is enough real estate related content to write ...
We have a couple of properties in Atlanta, Georgia, in very desirable neighborhoods. My brother and I got really lucky during some tax sales. Property 1 is 14.7 acres but has two easements: a gas utility running on th...
I work for a bank and during IRA training today it was briefly brought to our attention that the IRS waives its 10% premature penalty on a Traditional IRA distribution if that distribution is used for a first home pur...
Tax Lien Certificate is past the redemption period ... How to Foreclose?I'm not sure of a few things. Does the tenant still live there? Are there any other liens on the home such as a mortgage or IRS liens? How do I f...
I am looking into tax lien investing. I came across United Tax lien and Market Place Pro software. Has anyone here used this company and this software platform?
From a tax perspective are there big differences between a 1031 exchange and reinvesting gains within the same tax year? I buy and sell property with an LLC and just closed on a flip with a $60k profit. The sale price...
I'm wondering if anyone is an expert on or has experience with doing a 1031 exchange with two homes for sale at one time? I have a condo in St Petersburg, FL, and a home in Northern Colorado and I'm wondering if I ca...