Given the flexibility of our jobs, which offers nationwide opportunities, we have the privilege of choosing our permanent address anywhere in the country while remaining compliant with IRS regulations regarding tax homes.Initially, our aim was to purchase property in the Portsmouth, Durham, or Salem areas of New Hampshire.

Hello tax experts, I have specific question on filing taxes for Short term rental property (30 days or less).

I've talked to one lawyer who looked over the title and taxes documents and said it's clear, but I don't fully understand what that means.

"Just try NOT paying your property taxes, you'll find out real fast who really owns your property".

If he owes a mortgage on it maybe the rate is low and you can buy the property “Subject to” the current mortgage (take over his low rate mortgage and pay him the balance with seller finance at 6% to save you some $$).

Currently, we have approximately $10,000 in savings.

Hello for a beginner investor, which type of investment would you recommend, tax liens or mortgage note investing.

If they were staying for 2-4 years probably would not be worth much more to them. however, if this was a home they planned to keep for 10+ years I think there is a huge value here. so let's go with 13 year scenario:total savings would be approx. : $107,952 over the 13 years...

Did taxes went up in Texas?

Make sure that you have enough cash not only for the down payment, but also to cover the costs of closing, origination fees, property taxes, insurance and so on.