Last year I had to sell half of a duplex. I met with my CPA, discussed the details and they estimated the taxes owed would be in the neighborhood of $10k. I just got my returns back and I ended up owning over $30k. My...
My city is doing a long overdue revaluation and fearmongers are saying crap like "they'll take your million dollar house and sell it for the tax bill". My understanding was if your tax lien were sold at auction, if yo...
I am wondering what the process looks like to find properties that have back taxes owed. Specifically around the DFW area Texas. So Dallas, Collin, Denton, Tarrant Counties ect. I am guessing it is done either at the...
As a result of my direct mail, I am working with a seller on a land deal in Westmont Il. Here is what I know....Lot size 50 x 150Utilities are available Sellers asking price is 97.5K (I know sellers asking price is...
Hey BP! I've been searching and trying to find a deal. I may have found my first deal by looking at tax liens. I don't really care to get into tax liens. So my question is, could I treat this tax lien property as an "...
I did have a question about Tax leins:Does the home owner has to pay interest on just the taxable amount that they ownedd to the county or do they have to pay interest on entire amount the bidder bid on the property t...
Now that I have a list, what should I do with it. I've removed low amounts owed, I am ready to calculate the property values, determine where things stand once I see value, taxes owed, and loans owed. Anything else I ...
I have a deal I'm working on:
The house is owned free and clear in DFW. However, there are $40,000 in back taxes. The house was originally bought for $17,500 in 1966. The house will need plenty of rehab. We've pr...
Own an investment property 50/50. My partner got a personal tax lien attached to him by the State of CA. Not due to anything owned on the house. He is willing to give me the property. What is the state entitled to co...
Hello all,
I have just recently contacted the owner of the property that has been abandoned at the end of my street. My goal is to perform an assignment of contract and wholesale the property. Because of the conditio...