Hi All-I've been using excel spreadsheets and TurboTax to prepare my taxes over the years. Now that my real estate portfolio is growing with multiple LLCs and strategies, it's starting to get more complicated. So I'...
There is a large track of land close to my house that has back taxes owed to the county since 2010. I found this info on a public notice website. I've contacted the owner and said that I'd like to buy the property f...
I’m an investor by default (bought an apartment in Brooklyn, NY and then moved to Chicago and have been renting it for 7 years). Based on neighborhood conditions it’s time to sell and we stand to make a significant p...
Hey BP family ! Any CPA’s out there lol . I am a new investor and I have been taught the formula goes like this Income-expenses = cashflow but, my question is do you pay taxes on that “cashflow” ? If so, how much sh...
Hi guys,I'm trying to pay my property tax bills (I have 11 places in Atlanta) with a credit card has anyone been able to do this without incurring the extra 2.5% charge in some counties?I'm trying to increase my spend...
I'm looking at a house for sale. It is bank owned. I looked at the public records and it has $7,500 worth of unpaid taxes that are due from previous years.
If I buy the house who is responsible for the unpaid taxes?...
Hello All!I am in the middle of making a purchase of a duplex in my area with some creative financing. I have run into a couple of questions and what better of a place to go for some real estate advice than BIGGER POC...
One neighbor's house is on sale. The list agent said my neighbor brought it two years ago with cash and now she got a job in a new place and too far to communicate. I checked the sales history price and suddenly found...
Hi All!
In Feb 2022 I bought and started managing my first airbnb. It has done well this year! But now that tax season is upon us I have a few concerns...
- My cleaner was paid about $9k via Venmo(this was a person...