Hi guys,I am pretty new at this and was recently told about "Equitable Conversion" (by someone who is new than me.  I'm not sure where they heard the term).  From what I understand, it basically puts the buyer at risk...

Does anyone know if you had form 8582 for passive losses when irs Is accepting these returns?

I make 100k salary. I have about 3k in taxable income from stocks and I’m trying to understand how much of my losses I should sell off.I know the irs limits your losses to 3k per tax year. So I’m my situation can I ta...

I amended my 2010 federal return for a incorrect Form 4562 item this past week. Would it be ok to file my 2011 federal return now, or do I have to wait until the IRS approves the amended return. Im pretty sure that ...

My property Management company collected rent from a tenant through a credit card for over 3 months after which they found out that the credit card  was a stolen one and hence they had to refund the money to the bank ...

If a house is listed on the MLS as a short sale, and I wanted to put an offer in, does the offer have to be the asking price for it to be accepted, or do lesser offers get accepted?My real estate agent said she was pr...

Recently my all cash offer on one of the forclosed property got accepted. Bank gave me just 3 days to get property inspected. I tried to negotiate but they did not accept my request to increase the inspection window...

Ok so I have a couple of questions pertaining to wholesaling properties. Once I analyze a property and decide that I want to make an offer... What if my offer is less then what the seller owes on the property?  Can th...

I am currently waiting on a SSA from a bank.  The home is sold as is and the inspection/appraisals are "n/a" on the dates and deadlines section.  I know the bank has collected the insurance check for a roof and glass ...