She covered attorney fees, closing costs, title and paid up the property tax through the end of last year.

On the other hand, acquiring more properties can lead to faster portfolio growth, diversification, and potential tax benefits.

It's in Rosharon, Texas and property taxes seem high at 3.19%3.

There are some great S8 tenants out there that appreciate what our tax dollars are giving them.

I noticed when looking at the local tax assessor that my name (purchaser) was listed as 50% while someone else was listed as the other 50%.

One insurance, one property tax, diversify vacancies (50% if one unit is vacant versus 100% for a single family).3.

Factor in ALL expenses like property taxes, insurance, repairs, maintenance, vacancy rates, and potential property management fees.2.

Only 3 cases exist that I know of of individuals successfully defending themselves before the tax court of qualifying for real estate professional status while having a full time job.  

Hi All,I am looking to get input from people who file their tax return using the Professional Real Estate Status.

He claimed that transferring ownership to LLCs would trigger transfer taxes which also justified why I needed land trusts.