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Updated over 9 years ago on . Most recent reply

Brionne Moss's profile image
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Brionne Moss
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  • from Houston, TX
  • Member since Jul 14, 2015
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Brionne Moss's profile image
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Brionne Moss
  • Investor
  • from Houston, TX
  • Member since Jul 14, 2015
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Brionne Moss
  • Investor
  • Houston, TX
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Texas Real Estate Q&A Discussion Forum

How do you do your taxes?

Brionne Moss
  • Investor
  • Houston, TX
Posted

Hey BP,

So what I do know is that uncle Sam is coming one way or another. So my question is, how do you do your taxes? On every project? Every quarter? During tax season? Or something else? Also, how much are taxes in Texas?

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Colleen F.'s profile image
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Colleen F.
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  • from Narragansett, RI
  • Member since Jun 7, 2013
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Colleen F.
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  • from Narragansett, RI
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Colleen F.
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Colleen F.
  • Investor
  • Narragansett, RI
Replied

Pay them quarterly or uncle sam will give you a penalty. We do them annually but that is how we are structured.

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