The scenario, found an owner of a bando property. Sub says lost it to bank. After checking title commitment to close bank appears to have vacated the foreclosure. There are back taxes owed $4K in property taxes, and a...
I have received conflicting information and would like some BP input. I have been told that you can carry a loss back two years on an amended Federal 1040 and recover previously paid tax, but the same loss on your Cal...
I'm purchasing a property using conventional mortgage for second home. I intend to put the property into a land trust with an LLC as beneficiary. Will this be protected from the mortgage escalation clause considering ...
Ironic or what? Called this was as it was!!
Please go to the ongoing thread I started on the subject a few days ago:
http://forums.biggerpockets.com/viewtopic.php?p=94033#94033
As a foreigner what is the tax rate for renting property? Is there a State and Federal income tax? I know some states don't charge income tax on rentals, but you still have to pay the Federal income tax.Can you get a ...
I am doing lien research on a potential foreclosure. there are 2 federal tax liens filed. The first was for the 2010 tax year and the second was 2013 and 2014. There was never anything to release the first lien. Do...
The Finance Minister announced steps to curb the influx of foreign capital into the Canadian Real Estate Market (in which he really meant TO and Vancouver ... down east we are not really suffering from the influx of ...
I'm reading and learning as much as possible about the Federal Fund Rate. It's interesting to see the connection with a boom (today) and bust (unknown yet) cycle for real estate markets. Can someone explain why the fu...
I recently read an article that there is a 30 % Federal Tax Credit for installing Solar Panel. Does anyone know if this is also available on investement properties?
i recently read an article that there is a 30% Federal Tax Credit for instakking Solar PanelsDoes anyone know if this is for investment properties as well