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20 January 2025 | 3 replies
I don't know the answers on taxes, but New Jersey is the densest state in America.
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13 February 2025 | 8 replies
Over the years, I’ve gained hands-on knowledge in a variety of areas, including tax liens, tax deeds, rental properties, and fix-and-flips.
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17 February 2025 | 10 replies
You will have to pay all the usual expenses associated with buying a property: transfer taxes, government fees, title company/attorney costs, as well as a "hammer fee" which goes to the auction house.In theory yes, you could win something for a few thousand dollars.
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17 February 2025 | 3 replies
One thing you will want to explore is the tax rate in the specific counties you are looking in.
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17 February 2025 | 3 replies
We decided to market it as a 4 bed/1 bath with an office.Listing Price - $199,900Property Taxes - $2,230.13AssumptionsPurchase Price $230,000In this case I had seen similar properties selling for $225K - $250K so I felt the property was listed low to drive up interest.
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16 February 2025 | 71 replies
I will want to continue to continue to defer the taxes but in an UPREIT.
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17 January 2025 | 4 replies
Taxes and requirements should be much lower for a LTR
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18 February 2025 | 4 replies
Additionally, as a co-owner, he would directly benefit from any appreciation, tax deductions, and profits from the property.On the downside, being on the loan could impact his credit score, especially if there are any missed payments or financial issues.
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11 February 2025 | 15 replies
Tax StrategyWhile liquidating the brokerage account may trigger capital gains taxes, strategies like staggered withdrawals or tax-loss harvesting can help minimize the impact.
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22 February 2025 | 1 reply
. - If I pay property taxes online (let's say with a credit card), will my name show up as the payor or will the trust/trustee's?