Michael Bettencourt
Do property taxes ever decrease?
Has anyone who’s been at the game longer then me ever seen property taxes decrease in an area? Or once there implemented it’s almost impossible to go back? I have an offer in on 2 Duplex’s in Lake Country IL. With 3.2...
Kent Ford
Why Do You Think Texas is a Hotspot for New Real Estate Businesses?
Texas is seeing a surge in new real estate businesses due to its booming population and investor-friendly climate. What do you think makes Texas such an attractive place for entrepreneurs in the real estate space? Is ...
Chris Becker
Puerto Rico Tax Assessment
I am Interested to know if anyone has successfully been able to have their real estate assessment value lowered in Puerto rico? CRIM is the taxing authority in Puerto Rico. The realtor I am dealing with says the...
Alex Hamden
Buying the property and the name of the llc
I AM Buying the property and aLSO the name of the LLC . Is there a way that I can help the seller not pay taxes on the property that there selling and put it all on me since I'm taking over the llc. It's a way that I ...
Gene Jung
Mortgage recasting ...when to do
Hi,Assume there is no cost for mortgage requesting for my lender. Assume my marginal income tax bracket is very high, and mortgage rate is 5.25%. If I have lump-sum free cash, should I just apply it to my mortgage to ...
Hadar Orkibi
Seller Finance Question: P&I Vs Principle Reduction Payments
** Seller Finance Question** HI Guys, Im working on possible deal and the seller is willing to finance 85% of the price. His reason is that he doesn't want to pay income Tax or depreciation recovery. (Sold a business ...
Frank Schwarz
Property taxes are twice as much as the mortgage!
I was just looking at a property and was amazed that the property taxes are so high!The house is on the MLS for $56,000 and the taxes are $6460 annually.Checking past tax amounts showed that in 2011 they were $14,498 ...
Daria B.
1031x and seller repair credit
Hi
Repairs were going to be paid for before closing, as the seller having some other time sensitive activities needing to be met, my agent and I decided to grant a seller credit to the buyer for these repairs. Otherw...
Steven McPherson
Advice on protesting my property value
I posted this in another forum but I figured some of you in Tarrant county are dealing with the same issue:I'm a first time homeowner as of last year and I'm wanting to protest my property's appraisal value. I pulled ...
O'Neil Mbakwe
TAX PROTEST ON NEWLY BOUGHT HOME
Hello,I recently bought my first investment property in Austin,TX. I bought the home for more than it appraised for in the CAD due to neighborhood comps. I recently received a notice to protest the appraised value of ...