Can anyone please give me an estimate of what would it be the taxes percentage that one would be paying if one bought a home for $400k and sold it back for $700k.
If I want to continue to live in my primary residence AND now rent out a portion of it to a renter, am I able to do so? Would I have to inform the lender? Can I then treat my property as an investment/income propert...
I am interested in using this site, but unclear on the K1 form. It sounds you receive a consolidated K1 form, which is fairly simply to capture at the federal level.
My concern... is it then sounds like you would hav...
I am interested in using this site, but unclear on the K1 form. It sounds you receive a consolidated K1 form, which is fairly simply to capture at the federal level.My concern... is it then sounds like you would have ...
If I am behind on my property taxes and my property gets auctioned off, will it have any impact on my credit rating? Also, if at the auction the property is sold for more than the property tax owed, will I get the di...
Hello. I am in the process of quit claiming my old personal residence into an LLC to be used as a rental. This is being done in Michigan. A few questions.Should I be selling for $0?Is there any way that I will pay tax...
With a D controlled legislature, the strong possibility of 2008 tax code changes may impact depreciation schedules.
Has this possibility altered how you are evaluating your deals?
Hi - does anyone include an estimate of tax savings based on tax deductible items into their proforma? I know it is not truly part of 'total return' but I would like to include it in someway to help analyze the TOTAL ...
I rented out my primary residence for the past two years, but lived in it for the three years prior to that. The tenant has moved out, and now I am considering selling it. Does the fact that it was recently a rental i...
HI BP Members!I currently own a retail business in Brooklyn NY and am ready to expand my investments into real estate. OOS multi-family is the goal. I'd like to take the first step of getting an idea of what I could q...