Anthony Wick
How you making any money at that price?!
20 April 2019 | 96 replies
With 3% property tax a 1/2% rule is considered good!
Bei He
Bay Area Investors: Sacramento vs. Austin?
2 May 2019 | 17 replies
Basically you will be paying a higher property tax in TX and higher CA income tax as you reside here.
Dave Godfrey
What gets reported as income on a Seller Finance de
25 April 2019 | 0 replies
Thus, the Seller receives $150k down now... but then $15k per year for 10 years.Does the Seller pay tax as they receive the cash?
Jung Won Kim
MultiFamily Property Taxes
21 December 2018 | 9 replies
I'm asking this because hypothetically, if the previous owner purchased the same apartment for $5MM years ago and in the offering memo it shows tax as ~$500-600K, and I purchase it for $10MM, would the property tax increase nearly 2-fold just because I accepted a higher price than what previous owner bought at?
Ryan Pryor
Military Men and Women
24 September 2018 | 38 replies
Some states do not charge income tax as long as you are out of state, but so if you live there.
Sharon Kehnemui
Seller Financing Amortization Question
3 September 2018 | 21 replies
Also, Maryland has a hefty transfer tax as I recall.
Asher Carr
Covering Closing Cost- Who pays for what?
3 September 2018 | 6 replies
You also do the same for transfer tax as long as it gets paid by someone.
Nick Colvill
Buying multiple properties in year 1 - can I keep this up?
24 September 2018 | 161 replies
Don't count on spending going down: Dem economic policy: Tax and spend GOP economic policy: Spend and don't tax. As
Dimitri Paspalaris
Getting rid of stock to buy RE
5 June 2019 | 42 replies
@Dimitri PaspalarisIf you do sell the stocks, be aware that you may have to pay tax as a result.You may be subject to favorable capital gains tax rate if the stocks are long-term.To avoid the tax hit, you may want to also consider selling stocks that have decreased in value.
Stephen Marlin
1031 Exchange Question - Single Family Home
8 August 2018 | 6 replies
As mentioned selling a primary is even better tax wise due to section 121 as it isn't allowing you to Defer tax as with a 1031...it's letting you totally eliminate the tax!