OK so I seen a home that I'm interested in getting a contract on- right, Is there a script somewhere that can help me or give me an outline of what to say when I give this person a call, and remember this person doe...
I'm considering a 1031 exchange out of New York to a property closer to my location. Does anyone know if states, especially NY, "honor" the tax deferment of a 1031 exchange? Or will New York immediately, or sometime...
I keep hearing the term make sure you do your due diligence. I would assume that means no leans on the property. How do I find that info and what els should I be looking for?
Hello,can anyone pls provide some light on the taxation for non US residents on rental income?I have a german passport and live and work outside the US. How much tax do I have to pay for the rental income, e.g. owning...
So, I am new to this, and am just browsing realtor.com for multifamily units and found the property tax section. What is the additions section? And is the "Total Assessment" section the amount you would be taxed on? T...
I inherited a home along with my siblings from my father who passed away. We have never resided in the home, and ended up selling the property. At the time of sale home was free and probate had back personal taxes owe...
Hello,I live in NY, I purchased a second home in FL in Aug 2018, I rented it out in October 2018. I did my taxes for 2018 back in March of this year and it just dawned on me that I didn't file anything for Florida (Ju...
Pretty sure it is - but want to be positive. Ex) If I bring $10,000 to an auction and my (winning) bid is $10,000, does that mean I need to come up with the additional transfer tax monies or does that get factored in ...
My partner & I have a property titled under LLC. We will be selling it & doing 1031 exchange to buy a new property that is higher price than the property we are going to relinquish. It will be a "like-kiind" e...
Hi,This question is for a friend's mom. She completed 1031 exchange and converted 1031 property into primary residence, almost immediately after 1031 (one month). I know the rules that she should have used the propert...