In a bid to get people into these homes and paying property taxes, the state of Arizona rolled out a plan for active duty members that paid 22% down on any house in the state that had previously been lived in.

Consulting with a local real estate advisor or financial planner can provide personalized insights based on your specific situation. 

I do the math to figure out these ratios for each applicant which is harder than you think sometimes with people working multiple gig type jobs with inconsistent income because then you also need their tax return to calculate factor their expenses in.

The seller must not have sold a home in the last two years and claimed the capital gains tax exclusion."

Thanks in advance. you think its high, but wait until you have to send escrow statements annually, tax forms, and oh by the way if its owner occupied and you are not sending CFPB monthly compliant statements to the borrower they can contest the loan and be forgiven any default interest. 

Forming a single member LLC offers tax and management advantages however, amending your existing partnership LLC with the state might be quicker and more cost-effective than transferring ownership through a quitclaim deed.

Non-tax advantaged investing (stocks, lending, etc) in a retirement account. 

We are selling some property on Land contract and I would like to use a loan servicing company to collect the monthly payment, and setup escrow for taxes/insurance.

Is there anything tax related I have to take care of before the next tax season, or can I just open the necessary accounts and get started?

Hi all,I'm nearly done with my taxes so I want to start prepping.