Hi Guys,

As i understand it, you have until june 30th to complete the short sale to get the tax credit.

We put in an offer for a short sale (for personal use, not investment) back in march and it got approved only t...

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...

I am looking at a number of flooded properties in and around Houston,Does Anyone know after I close will I still need to pay the same tax rate assessed prior to the flood ? Anyone close on a flood house and were taxes...

I've searched this forum and googled and checked irs.gov, and still fail to understand this requirement about ownership. Everyone seems to ask questions about the residence requirement which I get. You have to live th...

Given that you can depreciate a residential property over 27.5 years - if we buy a new home & turn our old primary residence into a rental - does the depreciation start from the date the home is turned into a rent...

I am looking to purchase a home that is being offered at a county foreclosure auction in Pinellas County, Florida. I am wondering if anyone has any experience with this and can hopefully offer some advice or a good co...

Did Calhoun make the switch from tax certificate to tax lien sales in 2019 and, if so, would a certificate or deed, sold to the state in prior years, and purchased from the state by an investor now, still be handled i...

Anyone have experience with buying tax sale properties? Here in KC they require a 12 mth challenge period. Title companies won't write title insurance until challenge is over.  So, if I can't get title insurance do I...

What is the best way to write off a new roof?

Howdy my Tax Pro's!Let's say there is a couple. The guy has owned a house for 8 years, she's been living with him for over two years, then they get married this Winter. They are looking to sell that house and move thi...