I was researching about others who claim more allowances to minimize refunds and some started talking about underpayment penalties and interest charges by the IRS.Then I got to thinking, should I be reporting/paying my rental income taxes quarterly?  

You don't want to get to the end of your project and realize you have to pay your painter an extra $500 to paint, install, and caulk quarter round (yup, I made this mistake).-  The two hour drive time is concerning. 

Then, if he sold one a year (that is kind of his thought to not pay all the tax at once) the Seller Financed Notes would start coming due the year after he was done selling them - one a year for 7 years.Does this seem to make at least remote sense?

--- simply massive wealth transfer vehicles to avoid taxation, and to keep wealth in the family, and to continue generating income on that wealth by lending it out to the public fora profit?

But that's how real estate works some times. 20 years from now, people will say: 'Remember how you could buy a starter home for a quarter mil?

Greetings Investors,Im excited to introduce the new "The Anatomy of a Flip" post series!In these posts we will be dissecting recently completed renovation projects, highlighting best practices and sharing lessons lear...

How much would be the taxation of that $30000?  

From firing a crew a quarter of the way through for night time bonfires and midnight target practice in a residential neighborhood...

Not sure if you're still looking for advice for your colleague in terms of NJ taxation and residency status.

My partner and I are part of a small private club of local IRA investors that meet up once a quarter or so as well to partner up on deals and exchange tips--the only requirement to be a part of the group is that you have an IRA that you are or can invest from.