As a rule, when you buy an REO, has the bank paid the property taxes, bringing them current?  Or do you have to pay back taxes for the period when the bank held the property?

I think it was Robert Kiyosaki who stated if you own rental properties and your paying taxes you are not doing it right.  Please Help me understand this better.  I basically use the brrrr strategy and use my local len...

If I own a mobile home that is parked in a mobile home park in TX, do I have to pay property taxes on it? And if so, why? 

Good morning!
I have just purchased my first investment home in Kissimmee, Florida. I have received my license from the Department of Business and Professional Regulations (division of hotels and restaurants). I hav...

I’m curious how others approach paying taxes after selling a flip project...1. Do you pay your taxes to the IRS immediately after acquiring the check from closing? Or, do you put enough aside and pay at the end of the...

So I closed on this property (triplex) around Mid-Feb 2020. I just found out thru a letter from the county, that I am now in foreclosure because I'm apparently delinquent on my property tax. I thought this was weird o...

My parents have been working on setting up their living will.  I will be inheriting their two houses but I wouldn't want to keep either as a rental.  I'd probably, most likely, do a 1031 exchange with both of them.  W...

Hi, so I have a home that I found vacant and abandoned. Found this home almost a year ago but couldn't find the owner. Decided to go through my archives of homes I couldn't find the owner and decided to try facebook f...

Hello, hope you are healthy and safe.
I'm very aware of section (s.) 212.02(12), Florida Statutes (F.S.) which states ALL money collected from a tenant in a Commercial Property is considered rent and as such it's sub...