Hello BP,I am looking to do a cash-out refinance on a property that I own free and clear which i estimate to be between 95k and 105k. I'm considering terms that I received from Zeus Mortgage. 30 year loan, 4.75% inter...
I'm hoping to find more information about a seller receiving a 1099 and being responsible for income taxes for the difference between the sale price and the outstanding mortgage during a short sale. Does this always t...
I can not seem to find a good source for information on this. If anyone has one please share (yes I have Googled)
I am curious to know if you buy a tax Certificate in Colorado the time required before you can forecl...
Hi, I'm new to the site, and just starting out with renting a property I inherited. I'm just wondering if there is a general rule of thumb as it relates to what portion of your rental income should offset the propert...
My accountant reported my interest income from my mortgage note portfolio as interest income with no schedule c. Could I lower my tax liability by reporting the interest in another way? This came up because I had an...
I’m a newbie in flipping house. I’m familiar with taxes but unsure how to file this flipping business. Do I file schedule c or 1120s? Do not want business attached to my personal taxes.
Hi BP,I know this may seem like an odd question and one I don't expect many people to answer for privacy concerns and not wanting people knowing your personal finances. I would like to know if there are any people out...
Hello BP Community, thank you very much for reading. I am hopefully going to be acquiring my first rental unit, a duplex, shortly, presenting offer tomorrow. It's an interesting situation, explanation and analysis bel...
Hi all,
It's great to be joining this community! I'm a CA investor looking to purchase buy-and-hold rentals out of state once or twice a year. I've been stalking the forums, podcasts, books, webinars, etc. for month...
My name is Kevin " Inky Mann" Holmes.
I'm a music producer and host of Inky Mann Show (YouTube). My goal is to retire at 50 (I'm 49) and I believe Real Estate can help with that. My introduction into Real Estate was ...