I have thoroughly reviewed Publication 523; however, it does not address the specific question I have. The scenario involves a couple who have decided to sell their property to leverage the advantage of the capital g...

There is a property included on a current NJ municipal tax lien sale listing with an amount due that is approximately four times the posted annual property tax due. The property was not on the tax sale list the pri...

By looking at the probate office database, I found several LLC company which aggressively (excess bid 10 times higher than tax due) purchase tax liens.
After a while those LLC go out of business and they not claim th...

Good Day BP Family,

I stumbled upon this information regarding a change (at least to the form) the IRS has made effective Nov 2013 regarding estate assets. Its a disclaimer paragraph added to Form 10492 which...

We are purchasing a property from an estate in new jersey.  Seller says the lawyer handling the sale wants credit card payoff letters for the decedent, from the seller before setting a closing date.  We are 45 days p...

I would like to estimate the amount of capital gain taxes that will need to be paid for partial exchange for these assumptions:- Property sold: $800K, proceeds, $350K- New property (property A) identified and offer ac...

Hello BP community,  I'm based in Chicago, Cook country I have deal that is not on MLS owner have clear title and apartment is paid off, I check owner properties tax was not paid for 2015. I think ether he forgot or h...

I’m purchasing an investment property in the Atlanta, Georgia area. The original owner has a ton of exemptions so she only pays $400/ year on property taxes. Without the exemptions the bill is $4,000+. Tax bills have ...

Please forgive the question if it has already been asked and answered. I was searching around BP, but did not see anything on this topic or at least the question being asked.

If a SDIRA Investor uses their SDIRA to f...

Just curious who out there has raised their rents lately with COVID somewhat becoming normal. I'm looking at bumping up my rents by $25 for the fall increased property taxes. I'd have to raise them for November base...