But the taxes due would have been zero.)

You can't offer someone who owes $200k on their mortgage $25k down with seller financing (check out https://www.biggerpockets.com/...), so another important piece of homework is to try and figure out how much the seller owes.

There’s still 80-plus golf courses, I pay $2600 in property taxes on a 4br house with a pool, most people are kind and generous, weather is wonderful (but still lows in the 30’s in February!)

Do we have to file a tax return for the LLC every year even if we didn’t make money in a given year? 

This house was built in 2005, great tenant in nice area with good schools but my property taxes go up with no limit, 17% with the last assessment.

Also, there will be a 20% stamp duty tax that imposes on all foreigner investors.

It would obviously be on the investor's tax returns but would the investor even need to disclose the business's holdings to the bank when applying for a loan to tap into the equity on the personal property?

Hello everyone, looking for some input from someone who may have done it in the past. My last years accountant made it sound like filing by myself would be easy this year as sole owner but I’m stumped on which forms m...

We buy smart primarys and live in rehab  them, then rent them and do it again, and  Buy and sell land and tax deeds on the side.

---,Upon review, I have discovered that the seller obtained title to the property through a municipal tax sale less than two years ago.