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I checked out a foreclosing property with a Title Co to see how many liens were on Title. There were three, but none were tax liens. Can I safely assume that there will be no surprises.....that is, no tax liens? Or...
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Have you ever identified more than three replacement properties in a 1031 tax exchange?
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https://papersourceonline.com/sanders-goes-after/ link
Bernie Sanders Goes After Real Estate Investors
By W. J. Mencarow
Sen. Bernie Sanders wants a 25% “house flipping” tax levied against investors who sell a pro...
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Hi All !I recently read a post made a few years ago regarding property taxes and wholesale deals. I'm interested in getting into wholesale deals. I plan on doing my first deal in my name, then using the funds from tha...
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I’m looking at flipping my first deal. What do you do with the profit to lower the tax penalty? It will be taxed as regular income tax. Do you just account for that coming out if your profit margin?
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If I have rentals in Washington State (State Tax Free) and live in a state like Hawaii or California with a State tax, do I need to pay state tax? How will it work?
So, it begins.A wholesaler on youtube, states that a close friend of his inadvertently has gotten wrapped up in a very serious investigation. It appears he wholesaled a property that someone had forged ownership on. O...
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I was the high bid on a tax deed in a condo-hotel in Florida. I'm not really sure how that happened since there is a significant lien both from the condo association and the mortgage company. Both liens disappear si...
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Are there any tax pros or cons in owning a vacation rental in a foreign country?I'm also looking for a CPA in the Oklahoma City area that specializes in real estate investing. Thank you for your time and help
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Situation; Elderly Seller bought their Triplex home for around $350K Many Many Years ago. She lives in One unit and rents out the other TWO Units. Today its value is around $1.4M +/- She has discovered that IF she se...