Hello all,I want to look into tax lien sale and have a question regarding protecting your investment during redemption period.I am in Georgia.  Here there is a 1 year redemption period during which I can't do anything...

1. It seems like taking advantage of depreciation and all of the tax benefits of real estate are lost if your income is >$150k, unless you are a "real estate professional", right?2. I've read a lot about legal enti...

I could be wrong because the US tax code is very confusing, but how much do certain expenses like property tax, or property management fees matter if you can write them off? Im not sure if there is some sort of cap, b...

Are you bidding on a website? Court House? Where do you go to bid on these sales?
THanks Jonathan

This was my first post! Yes!

I have a condo i bought about 8 years ago. I lived in it the first 2 years then had to move for work. I rented it out to a friend and have hardly made any profit after hoa and mortgage. It's worth about $150,000 more ...

Tax season is in full swing, and for most individual taxpayers, the looming deadline for filing and payment is Monday, April 18, 2022. However, life can get complicated, and if you find yourself needing more time to g...

What’s the positives and negatives of hiring a CPA and is it really a must to have ?

Ok about to make a offer on a very clean rental house that has been rented for 25 years by same renters. Owner doesn't want to sell out right because they don't want to show a big capital gain. They are interested in ...

Ok so I grasp how whole life works.
But in order to use it correctly should I have a lump some ready to put in on first payment.
Example 50k policy 4% return 2k first payment required monthly after that is $35
So...

Hello folks!After my research, I concluded that I want to purchase my first duplex/triplex in the Chicagoland area through an FHA Loan. I'm looking to begin the search for a property a year from now (December 2022/Jan...