Tony Zhang
What's the penalty for using VA or FHA loan for non primary residence?
20 July 2024 | 8 replies
Those laws are there because we as tax payers are insuring the loan.
Mak K.
Title company screwed up taxes and county back charging taxes for 4-5 years
19 July 2024 | 17 replies
Title company paid the taxes showing tax payment certificate cleared.
Account Closed
Real estate professional time log (REPS tracker)
19 July 2024 | 9 replies
To meet his burden of proof under IRC 7491, the taxpayer must comply with the recordkeeping requirements of the regulations.
Justin W.
Tax auction Sale date?
18 July 2024 | 10 replies
. 🤷‍♂️ ““WHEREAS, on Sales Day, the ninth (9th) day of October, 2022, the Delinquent Tax Collector did, during the usual hours of sale, after due advertisement, sell the said property of the said John Doe, tax defaulter (s), to James Doe, his heirs and assigns, the purchaser (s), hereinafter known as "grantee (s)", and the highest bidder at such sale, for the sum of $XX.xx and gave a receipt for the total amount of said purchase money to him; andWHEREAS, more than twelve months have elapsed since the date of said sale and the defaulting taxpayer (s), and grantee from the owner or any mortgage or judgment creditor have failed to redeem said land so sold for taxes:NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS, that I, Jill Doe., Delinquent Tax Collector of and for the County and State of aforesaid, in consideration of the premises, and the sum of $xx.xx paid by the said grantee(s), James Doe have granted, bargained, sold and released, and by these present do grant, bargain, sell and release unto the said grantee(s) James Doe and his heirs and assigns. “”
Dax Smith
First attempt at JV flip need feedback
18 July 2024 | 4 replies
You appear to have found a property that doesn’t require property tax payments, title, hazard, or fire insurance, and a closing attorney or title and escrow that works for free on both the purchase and sale side.
Randy Duncan
Who pays for damages on Section 8?
17 July 2024 | 19 replies
Aloha,Damages, Evictions, one way or another, the tax payer pays!
Elena Dubinski
Tax Lien Wealth Builders
15 July 2024 | 50 replies
The advertisement includes the delinquent taxpayer's name and a reference to the county's map-block-parcel number for each property.
Evelyn Guo
K1 loss tax report for non-resident state (NC)
13 July 2024 | 10 replies
This is specifically what the Colorado nonresident statement is addressing.Colorado is one of the few states which explicitly mention this in their instructions.When you receive a state K-1 which reports positive income for a state, this doesn't take into account prior passive losses as it is up to the taxpayer to allocate income/loss to the specific state on the state tax return.
Ryan Louz
Purchasing properties anonymously
13 July 2024 | 5 replies
--There are other public records where your identity may be discoverable including mortgages (trust deeds), utility bill guarantees, and property tax payment records.Â
Shan Radhakr
Question re: Tax implications for Seller leaving money in the deal
11 July 2024 | 6 replies
The Seller is not interested if there is immediate tax payment. Â