Behind on property tax?

Auctions, tax sales, facebook groups - even just talking.

I was told that the ower of the unit was behind on taxes, HOA fees, and the unit was in disrepair.

Hi Everyone,I am a tax lien investor buying tax liens from various different municipalities in NJ OTC.

You can choose to take on the associated liability issues in doing this, but a good PMC CANNOT.You may consider selling your Class C and D properties and buying Class A & B if you can't handle the challenges.

Can you qualify with IRS income taxes, credit and 80% loan to value non owner in the future?

This was the home we raised our children in and have held on to it to avoid capital gains tax. 

On top of the Cash on Cash return, real estate provides major benefits in 3 other areas, namely – Tax benefits, Appreciation, Leverage.If you calculate the return on net worth, a 7% CoC deals can often turn out to be 15-20% return on net worth!

So, many times you don't have to 1031.So to your question about yearly basis, IN GENERAL, your tax liability should look like as if you just had to your salary. 

Property management is managing it and giving check on the name of property owner who is Child LLCprior cpa was filing taxes under Parent LLc as the child LLc is a pass through entity.