Liwen Gu
Homeowner's insurance deductible?
Hi, I'm wondering if you all consider home owner's insurance as tax deduction on your rentals? I'm reviewing my last three 3 years of returns where I worked with two different CPAs. I didn't notice this before but I n...
Kenneth Bradford
What does Homestead mean?
In the Philadelphia area when you look up a property for taxes, revenue etc.., Under account information it has the word "Homestead". Some of the properties have a dollar amount under thar word, some do not. Please ex...
Leander Mcfadden
Property Tax deeds buying
From a company name property Crafters LLC stating that they bought a tax deed on my property so I go look into my property tax records and there is no record of me owing the county any property tax money then I look f...
Mary Jay
Taxes during retirement
How to figure out what tax bracket you’ll be in during retirement? For example, let’s say a single person makes a 100K per year on W-2 right now working for a corporate world. It’s taxed at about 25-30 percent, right...
JDee Moore
Property taxes in California
BP,Just received a property tax notice. Reading the notice front to back, I realized that I can apply for an exemption because I occupy the property (being my primary place of residence). Here is the problem I've been...
Shannon Grierson
Quit Claim Deed to 2nd party then repurchase?
Currently our LLC is on the deed for a rehab we are finishing up. We would like to purchase the home for personal use but need to cash out the market value to pay back investment into property. Does anyone know if w...
Buddy Holmes
Georgia Non Resident Long Term Capital Gains
I am selling a home in Georgia as a non Resident.I am told a 3% of Cap Gaines will be with held for the GA IRS.I read that GA Capital Gaines tax is 6% and they seems to be no Long term/short term differential.I unders...
Brent Thurn
Tax Deed - Land Available Lists
I've been researching tax deed auctions recently, and I've noticed that there is a minority of properties that come to auction that do not get claimed by the lien holder, nor any investors at auction.These properties ...
Josh Loayza
Tax deed properties
So I need some clarity on this topic. I’ve done some research on this and I thought based on what I’ve found is that once I go to an auction and bid on a property and go through a redemption time and all, the mortgage...
Kip Cline
How to avoid showing personal income?
Over the past year I have had a seasonal job and started buying houses in my own name to fix and rent out while laid off. Next year I will be showing more rental income. What is the best way to structure myself so tha...