Dustin Ruhl
Investment Property Tax Deductions List for [market_city]
ForUncle Sam gives, and Uncle Sam takes away.But in the case of buying local [market_city] investment properties... you can earn investment property tax deductions for real estate investors, the United States provides...
James Carlson
Denver to collect Airbnb taxes ... FINALLY!
Okay, Denver Airbnb and short-term rental hosts. Looks like the city of Denver will finally start collecting the 10.75% lodger's tax and then remitting it to the city. You are no longer the middleman.I'm sure everyone...
Alex Costas
Triplex
Purchase Price: $150k (pre-appraisal, haggled down from $160k)Cash to close: $13k (including $3800 hazard insurance premium, which seems quite high)Monthly Payment: $730 P&I + $320 Hazard + $230 Property Tax + $10...
Isaac Harjono
California Resident with Out of State LLC. Do I Need Form 568?
Hi BP!
I am a California resident and I have an LLC in Indiana for my rental properties where I am the only member. This is my first year having an LLC and filing out of state. I was wondering if I need form 568 for ...
Nate Hundley
Sale of old house. Income Taxes?, 1031?
Howdy BP community. This is my first post. Hopefully I'm not asking foolish questions! Let me first say, I'm very interested in getting started in real estate. Aside from prowling around on forums and listening to...
Tim Silvers
Dealer Status and Installment Sales for Mobile Homes
Does anyone know if mobile homes on leased land (no parcel) and
seller-financed would be eligible for installment method reporting since
they are (i) personal not real property, (ii) the notes cannot be
consider...
Mary Chen
Any tips on how to prepare yourself to bid on tax sale properties
I recently came upon a blog about tax sale properties and it seems like a really good way to find some hidden diamonds. I understand that the bidder is fully responsible for doing all the research on a property that i...
Sean Rogers
Tax basis and deprecation
My aunt and uncle have multiple Rental homes. My uncle recently passed away and my aunt wants to know if she can start deprecation over? And the tax basis?
Frank DiGiorgio
Taxes on Property Selloff
Hi All!I purchased a farmhouse on a 5 acre parcel in Upstate NY for $375k. I subdivided 3.5 acres, and kept the house for LTR. I sold the land for $105k and asked my lender for a partial lean release. They agreed an...
Stuart Edwards
Abandoned Property Owner is in jail
I found an abandoned property but the own is in jail and I don't know which jail or how to locate him. I was planning on going to sheriff's office to see they seized it and buy it from them. It also has a large amount...