Kei A.
Foreclosing on a Property After Purchasing Tax Lien
Hi all,I talked to an attorney about investing in tax liens because I am planning on purchasing in the upcoming sale in either Baltimore City or Prince George's County, MD. He stated that if someone buys a $4,000 tax...
David Anderson
Ways to minimize capital gains tax after flip
We have a LLC that just closed on a flip where we made short term capital gains on. We decided not to do a 1031 exchange, but are looking for ways to minimize the taxed amount. Under this LLC we also have rental prope...
Richard M.
Are Taxes Reassessed at Market Value After Probate?
After a property goes through probate, is the tax assessed value more or less the same as before probate or is it reassessed at market value as it normally would be after an arms-length sale? thanks very much!
JC Carter
Are liens paid after buying foreclosure tax deductible?
If I buy a foreclosure with tax and water liens, and pay the liens, are the lien amounts tax deductible? This is for a primary residence. Would it be different if it were an investment property?
Anthony Engel
Timing of Phila Property Tax Reassessment after Resale?
How long should it take for the Phila OPA to reassess a property, single to 4-unit, after a resale? Is this a random event or is it triggered by a resale, if at all? For example, you purchased a property 5 years ago f...
Kelly O'Quinn
Property Tax Reassessment After Fire - Orange County, CA
Hi All,I apologize if this has been covered in another thread and, if so, appreciate if you could link to applicable existing threads (I did a search on here but was having trouble getting properly filtered results.) ...
Samy Habib
tax sale redemption after 30 days notice barment
i bought property at tax sale auction in Dekalb county Georgia, over 12 months ago, now i am doing barment, i published ad news paper, i sent 30 days notices to ex owners and all parties might have interest, and th...
Lloyd Preece
How do property taxes change after a sale?
Hi BP, I’ve saved up from my job in Manhattan and after studying a handful of towns and states have started putting offers in on SFH properties in the New Haven/Hamden area of Conneticut. A theme I’m noticing is the a...
Shawn Couch
LEGAL Notifications after acquiring a tax line certificate
Hello fellow tax lien BP'ers.I bought a few certificates last year at a sale in indiana. These were lower end properties that has all basically been abandoned, but most were in decent condition. Well, one was a part...
David Morgan
Self-directed Roth 401(k) questions
I have a few questions about investing in real estate with a Roth 401(k):
1.) If at age 45 I buy a vacation rental, and at age 59.5 I want to start using it for family vacations, would I first need to distribute the ...