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12 March 2024 | 41 replies
Nice reminder....I'm not all that :)That 200k profit would get wiped out in closing costs, realtor fees, property taxes, and insurance.
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11 March 2024 | 40 replies
I have cross reference the mailing addresses with the county tax records on thousands of records and I would say they are 90% correct and the sale dates are within two weeks of the actual recorders office dates on title record.
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11 March 2024 | 12 replies
Didn't I just see a proposal that would change STR classification so that they will have to pay 4x in property tax?
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9 March 2024 | 3 replies
Met with the home inspector, contractors, and shared my expertise and resources for the renovations.
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11 March 2024 | 5 replies
I'm a property tax professional (reducing taxes for commercial property owners) living in Northern Kentucky.
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11 March 2024 | 1 reply
Stocks are pretty liquid, BUT selling them triggers tax consequences and the timing of when you want the money for real estate purposes might not coincide with the best time to sell the stock.
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11 March 2024 | 2 replies
Hire a tax professional to help set everything up.
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11 March 2024 | 8 replies
You can do a 1031 exchange and use those funds towards another investment purchase (basically a tax deferment).
11 March 2024 | 3 replies
Usually in the form of special assessments or ever rising dues/property taxes.
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11 March 2024 | 17 replies
I own my own business/LLC and am open to changing that structure for tax purposes, such as putting it under an S- or C-Corp if it would help with this situation.)I appreciate any and all thoughts on this matter as I can't seem to get out of my own head on this!