Is your monthly tax payment based on today's tax assessment or tomorrow's tax assessment?

It is basically a "second mortgage" or second lien position is what this is called.Here is an article that discusses imputed interest. https://turbotax.intuit.com/tax-tips/tax-payments/irs-tax-rules-for-imputed-interest/L7UbulHpC

When those go upside down the tax payer will have to bail out Fannie and Freddie again.

Or such expenses can be deducted as investment expense for me as a taxpayer prior to forming a real estate company?

Hey all you helpful people, I was listening to recent podcast and heard where the the person being interviewed said (early in the podcast) that he had found an app that you could send in estimated tax payments for 1099 income.

On a $400,000 Hard Money Loan.He already received a PPI of $12,000 and now he stated now that my friend needs to pay 6% of the loan which is a 1274 Tax payment.I've never heard of this.What is a 1274 and why if it's a tax payment is it due Upfront?

Self rental" in the tax world usually means rental of a property the taxpayer owns to a business the taxpayer controls. 

I have purchased a deed, and I am engaged in an email correspondence with a the taxpayer about next steps. 

The only thing I would add is that if taxpayers would like to avoid underpayment penalties, they should pay in the "safe harbor" amount every year, either via withholding or quarterly estimated payments.

Because our taxpayers subsidize them.