All Forum Posts by: Christina Hall

These taxes are killing me! I have 5 active rental houses & 1 land contract. Everything I make goes right back in to them or more property But yet my tax bill is HUGE! Is there any way I can show on paper I reinvested my profits? 

One top of what I already had I also did all of this in 2015! 

#I purchased 2 lots $80 & $10 at the land sale along with a 4 unit brick For $2,700 and I sold it the next day for $13,000 cash and $2,000 off of a roof job. 

#Purchased a home for $11,500 put in another $15,000 sold for $47,000 three days later.

#Purchased a 4 bedroom for $17,500 and have not touched it.

#Picked up another farm with 17 acres, 5 ponds, 2 houses and several buildings $25,000. ( I've only put in new windows so far)

#Purchased a house (with a store front) a large garage apartment with 2 garages, a 3 bedroom apartment and a 1 bedroom apartment. And there was also a large 60ft garage the hubby took from me. I got all the places on 2 lots for $45,000 on 12/31/2015 and I have put all my money in it. 

Do u see anything that I can use somehow to lower my taxes????? Help

Maybe what I should do is just list it For Sale! Does anyone want to start the bidding? 

BTW my county website is www.woodcountywv.com 

I purchased the lien at our tax sale in November of 2014. In WV the owners have 16 months to redeem. The Notice to Redeem letters that go out read they have to be paid by March 31. As of April 1st they start the need deed process. 

Our  State also says the past owners have 3 years to protest losing their land. They office workers at the state capital say "If you have went through all the correct legal steps they will not get it back". However Layer A says he has went to court several times and almost  always the judge will give the owners back their land. The buyers will be rewarded only what they paid and 12% interest. 

How can I put pictures on here from my cell phone?

I have so much of my money out right now and would love to cash out But Lawyer A says 3 years. He claims if we try now the judge would rule in their favor and I would just be paid back. 

I'm not sure I understand your question on multiple years. We have tax sales each year for only one year. The company had just purchased several tracts of land and for some reason just never did get them combined into one. 

This was a glass factory for many years here but I really don't know what they do in there now.

This should be fun. Before I explain if anyone needs more details I am happy to provide.

I purchased a tax lien back in November 2014. The deed I got was/is part of 6 deeds that put together is a large business in our area.

I hired Lawyer T to preform the title work on this lien along with serval others. A couple weeks later he calls me and says he was the one that did the large business sale/transaction and some how they missed the deed I purchased. With my permission he would contact the new owners and give them the chance to make it right. Along with explain what happened. We did that with no response & I have optained the deed. 

Mean while I am at my regular lawyers office for a closing. We will call him Lawyer A. He seems to think the deed is valuable But he thinks I should hold it for 3 years first. 

Weirdly enough Lawyer T called me that same evening and in the middle of our conversation he says. I see you got the deed on that. He said it is useless and I should let it go back for taxes......Hmmmmmm? 

Here is a little more about the lot. If you would picture the map of the whole business as a dollar bill. My lot would be a dime sitting right in the middle of it all. I guess at one time it was a graveyard. What would you do if this was yours? I'm excited to see who is going to bebe on Team A or Team T

I just received a check in the mail where one of the properties I was holding a tax lien on had been redeemed. I just go to looking at it and seen that the person who redeemed in was the past owners. The lawyer that did the title exam had listed them on there to be served with a notice to redeem. I didn't understand that and nor do I understand how that can jump in there and pay it for him???? I just looked it up and the past owners (the one that redeemed) gave him the property under a QCD for no monies and at the end of it it says from Grandfather to grand son.

Thats great. Only problem is I think its like a drug Because I JUST WANT MORE

Congrads to you! I was down to having 1 property with a house on it from our tax sale. The day after I mailed in my Deed transfer payment I seen on line he redeemed it. I didn't do to bad though. I bought 13 tax liens and ended up with 7 deeds. 

Congrads to you! I was down to having 1 property with a house on it from our tax sale. The day after I mailed in my Deed transfer payment I seen on line he redeemed it. I didn't do to bad though. I bought 13 tax liens and ended up with 7 deeds.