Christine Garnier
Tax Lien Foreclosure Action - Multiple Lienholders - Alabama OTC Tax Lien
8 February 2024 | 13 replies
Alabama has now implemented the new tax lien system and many are left wondering how it really works, especially with the OTC tax liens.
Mike Rutallie
Please poke holes in this Lease option strategy
10 February 2024 | 4 replies
My thinking is that this will 1. save them ~$11K in capital gains tax, 2.
Jessica DiPonziano
Which software to use for the following setup
10 February 2024 | 1 reply
And (huge bonus), because it's specifically created for real estate investing, it integrates perfectly with your Schedule E for taxes so it's just making my life so much easier.
Robert Lopez
Looking for an attorney & CPA, please.
10 February 2024 | 3 replies
I'm moving forward with flipping and not stopping anytime soon.Would like to set things up the right way, as soon as possible as well a CPA to make sure my taxes are on point.
Account Closed
Where to put profits from my home sale?
10 February 2024 | 21 replies
Not only do I want to avoid paying taxes on that money, but we want to invest it as well.
Ty Glendenning
Need help with a creative finance deal.
10 February 2024 | 2 replies
@Ty GlendenningWhy would you sell a house on owner financing if somebody would pay cash for it.While a lot of people think, seller financing is a great idea, the risk involved to collect the payments that then get taxed ordinary income are equivalent to investing it currently in a treasury bill, which has zero risk.
Adam DeShone
I bought a turnkey duplex with $0
10 February 2024 | 39 replies
There is also appreciation (gentrification area for this one), debt pay-down, and tax benefits of owning it outside of the cash-flow.
Jesse Tannetta
Property Management Company Charging for Taxes
8 February 2024 | 3 replies
Anyway, they have charged me $75 for "tax processing fee 2023".
Account Closed
Rental Property Tax Question
8 February 2024 | 3 replies
Quote from @Madhul Shah: If an individual purchases a rental property and incurs expenses for property management, maintenance, and mortgage interest, how are these expenses typically treated for tax purposes, and what impact do they have on the individual's taxable income from the rental property?
Jack Kolton
Gaining Real World Experience
10 February 2024 | 10 replies
(old clients, new leads, random tax record lists (FSBO, Pre foreclosure etc) You can do this remote and just book appointments for anyone in the real estate industry.