Polo Vazquez
Texas Applying Property Tax Break Due To Surplus
Hi BP!The Texas Governor just announced a $33billion surplus. He also stated that of those $33 billion, $15 billion will be used to help Texas with Property Taxes. My question is, what is the best way to implement thi...
Adam T. Veitenheimer
Being Self Employed Applying for a Morgage
I am looking for advice on the best way to go about my situation to purchase my first multiplex. I am self employed in an industry that tends to sway each month drastically and is directly effected by the economy. My ...
John Campbell
is an interest-only loan a bad idea?
Hi everyone,I have been on the forums for awhile doing research and I feel that it is time to get my first investment property.I am targeting a duplex in the East Bay and my agent/loan officer has come up with some cr...
Dennis M.
After giving1099do i have to file return even no income for 2017?
My LLC was form and office in the US who own all the properties. The LLC already have an EIN. Properties acquired last year 2017 and are still under repair and no income for last year. Do i still need to file a return...
Matthew Gilman
Tax accountant / tax advisor questions
Hi,
I am in the Saint Louis, Missouri area. I currently own my first 4 family where I owner occupy and have fixed it up over the past year. I am looking to buy my next property very soon! I have only owned this a y...
Nathan Nerbonne
sorting tax sale list
Hi everyone!I am new and looking to buy tax liens at the next tax sale in my county. I have found the time and place of the auction and the list of properties with taxes for sale. My question is; if I only want to bid...
Manco Snead
Student with One Property: Need to File Taxes?
Greetings folks,I'd appreciate any feedback regarding this question: I am currently a student and not working; my only income is some cashflow from the one rental property I own. I just filed my 2017 taxes, but it had...
Kevin Allen
House flip tax question
So I I have a couple rentals. I’m rehabbing a house that I’m not sure if aim going to flip or make a rental. If I flip it is the taxes due on my profit this year even if I roll it over as a down payment on another r...
Chaim K.
Tax Deed Selection
I recently read a lot here on BP about tax lien/deed investing and I decided I want try to invest in Tax Deed state vs. Tax Lien State because I'm aiming to get get properties hopefully, so now my question is how do I...
Account Closed
401K Conversion to Roth
Last year I converted an old 401k of mine into a Self Directed 401k and used that to buy and refurbish a few properties and now the monthly income is very nice and I sleep at night knowing I'm not overly reliant on th...