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16 September 2024 | 12 replies
Quote from @Bill Hampton: @Davin PaulineI recommend finding an accountant/financial planner who specializes in real estate taxation, tax planning and financial planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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13 September 2024 | 3 replies
@Bill WagersI would not do a contract for deed on a bar as you remain owner and thus could be liable for issues with the propertyI would do it as a sale and seller finance the property so the estate is no longer on titleIn that instance may not even need a LLC
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16 September 2024 | 43 replies
The “millionaire” living next door owns his $850,000 house free and clear, his only debt is paid off monthly when he pays his cc bill, and his net worth is 6 times his annual income not including his home.
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14 September 2024 | 11 replies
If there are excess funds after paying the local/school real estate tax bill, the remainder can go to:Current real estate taxesCurrent Muncipal liens for water/sewer or any other bill initiated by the municipalityState Liens, usually for outstanding state taxes, sometimes employee/employer taxesPA State Inheritance Tax which applies to all deceased owners and starts at dollar one with no exemptions, unlike the Federal Estate Tax.
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13 September 2024 | 9 replies
@Bill ThachA lot of my clients use Trusted property inspections.
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13 September 2024 | 7 replies
Im right there with @Bill B. those are some good things to consider when selling your properties.
12 September 2024 | 9 replies
Quote from @Bill S.: @Clare Cui so I don't have an answer.
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13 September 2024 | 61 replies
Think of it like infrastructure bills; if they are passed into law, they happen.
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14 September 2024 | 23 replies
Quote from @Bill B.: Ps.
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12 September 2024 | 2 replies
Also, when using a purchase-seller agreement, what should you include in the contract in case the buyer or seller decides to back-out at the last minute so you are not stuck with the "bill"?