If you don't pay any taxes due by the 4/15 deadline then you get hit with penalties and interest.BTW, I have a brother-in-law who is an IRS auditor, filing late absolutely does reduce your chances of a randomly chosen audit.

Greg hit the nail on the head.

You may be hit by pleas to release payment early, but if you do there’s a strong likelihood that your contractor won’t show up to finish your project.

That's in an area that's already been hard hit with foreclosures.

The resulting sq.ft. does count as living area, but then you have to take a hit for the lack of a garage.

http://www.prudentialelliman.com/MainSite/Guide/NYCClosingCosts.aspxYou will not get hit with all these closing cost,just a rough idea.The Title Closer fee should be paid by the sellerGL..

It took me a while to find a GC for my first project that could hit my budget, but I finally found a guy who would do it for $30K.

With 125% cash outs, it was probably one of the hardest hit areas in the way of evaporating equity.

Don't even try to get started on the tax sales in Los Angeles - the big boys will run you out before you know what hit you.Some states are better than others as well.Texas is my favorite as the interest paid is 25%.

Tenants rarely, if ever, have a big hit like that.