The new owner has since failed to pay utility bills in one of the two building, causing it be condemned.

Once you “buy it” she owes all the taxes. 

Holding Costs, what are taxes, are there agriculture exemptions.5.

Building Reputation: How did you go about getting your name out there and establishing credibility as a private lender?

He was a flipper with a TV show ten years later.The best way to build a business: determine what the needs of the community are, then find a way to meet those needs.

I was able to focus on my W-2 (at that time) and build the RE portfolio on the side.

She’d have to feel comfortable telling the state of CA she want to pay them less income taxes while also telling the state of CO she wants to pay them less property taxes.

Instead, I should:Record the net rent (gross rent minus PM fees and expenses) as income in QBO.Log any additional expenses I directly pay, such as mortgage payments, insurance, property taxes, and other business-related costs like gas for business travel, meals, business licenses, and office supplies.Does this approach align with the correct practice of differentiating property accounting from corporate accounting?

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Real estate investing is the safest, and most effective way to build wealth for the vast majority of Americans.