Adam Hollandsworth
Befor investing in tax liens
Is there anything I should know about a property before investing in the tax lien of it? Should I find if there are any other liens on it? Or am I safe to just invest on any over the counter liens because it’s backed ...
Joe Lambert
Tax implications of possible change from Schedule E to C
My wife and I both have W2 jobs. We are currently in the process of refinancing our rental properties. After we refinance, the mortgage and deeds will be in one of our individual names (versus formerly in both), but ...
Gregory Gray
Good resources for Tax Liens, Foreclosures and/or Mortgage Notes
Seeking good resources on Tax Liens, Foreclosures and/or Mortgage Notes.
This could be a proven process, website, apps, or your personal experience.
Amol Kulkarni
Depreciation on an old property
Hi all, new here and just starting out, and have a bunch of really basic questions so please bear with me :)If I were to buy an old property that is past its depreciation period, is there any form of depreciation I wo...
Anoop Pillai
Buying properties with enclosed garages
Hi all,I was looking at a few properties in north dallas area and I am seeing a trend where more and more people are converting their garage to livable spaces - either additional living room or a bedroom. They then li...
Blake Alexander
Historic Home w/ Tax Lien and Possible Seller Financing
Hey BP! I have a unique opportunity — my parents own a home in a National Historic Registry site. The house has a lot of deferred maintenance and now has a tax lien. I know it's worth significantly more with some work...
Julia Choseed
Tax lien sales in NJ/PA
Hi all!
I've been thinking about investing in tax liens lately but in the Townships local to me, they only have in-person auctions and they are once a year. Was curious if anyone has any websites for auctions in NJ, ...
Loic Assobmo
tax season; revenue vs expenses
I have a question regarding taxation. For one of my properties, when I incorporate the losses (depreciation, insurance, tax, repairs) in comparison w/ my rental income, I get a net gain. I was under the impression tha...
Richard Heine
More up to date 1031 help needed
I am in the middle of a 1031. Bought this SFH five years ago for 132K cash. Got a contract for 225K. There are some other things going on but my gain will be 90K. My accountant is telling me any money I pull out for m...
Katrina P.
Analyzing two multi-plex deals...please help
Hello all:
Please help me work through these two deals. I'm sure I'm missing some information, but here's what I have so far:
5-unit building
-(4) 2/1 units
-(1) convenience store
-3 units are rented out at $450 ea...