Hi Everyone,I just purchased a foreclosed property in Camden County, New Jersey on Hubzu late last month. The property needs lots of updates but is otherwise in very good condition. As you can imagine the property was...
I live in Nashville TN. I just purchased our forever home and closed on 9/22/20. It was common knowledge that our property taxes were going to be increased by 34% and we were going to have a tax reassessment.
This w...
@Ashish AcharyaSay my tax bracket is 10% capital gains and ordinary tax bracket 20%. I sell my rental property and earn $250000 and my current salary $150000 which applies 3.8% because it's over $250000. Also next tax...
Hi guys,Just doing my research.. still looking via Google but I want throw my question out here..If I buy a property in texas is the re tax recalculated after change of ownership based on1) up to 30% increase from pri...
Hello - I'm looking at a commercial retail deal where the real property taxes shown on the operating expenses are super low in comparison to the purchase price of the building. I know after the purchase, the tax expe...
Hi all, writing today to make sure I am maximizing expenses/depreciation on my taxes. My wife and I bought a home, rehabbed the home (New floors, bathroom gut/remodel, new paint, new kitchen cabinet doors, countertops...
Hello all first post and a rookie at everything. I purchased Marketplace pro and the program Jay Drexel promoted through AwesomeREI. After reading here and also going through the program I have found I probably could ...
Before I buy a property I want to know how much my taxes will increase after we agree on a purchase price. I know this means a lot especially when you move into commercial real estate, anyone have or know of a good w...
I am new to tax deed investing and am researching a non homesteaded condo that was used as a furnished rental and not the permanent residence of the owner. Wondering if I was to successfully acquire the deed what I wo...
Hello all,I have a property in Florida that I purchased and held for the last 5 years under my father's name as he lives in FL (for homestead exemption, etc.) while I live in NY. Long story short, my dad got ill and I...