Hey BP’ers!
Has any here ever dealt with this situation before? 
I recently purchased two multi-family properties from the same seller in Monroe County, New York closing at different times and funded differently. On...

Hi everyone, I have a LLC in Columbus OH which I use to buy rental property. I am out-of-country so I'm not super familiar with the taxes, and just wanted to be clear before the filing deadline in May haha... What are...

So here is what happened.  June 2014 I purchased a three unit bank foreclosure. September my school taxes were due and I paid in full. Last week I got a letter from the city treasurer that there was a unpaid late fee ...

I recently bought a REO property about 2 months ago and yesterday I received a tax bill from the tax collector regarding the annual property taxes. On the bill it says , the former mortgage company has requested a cop...

Very new to this. How do I put the monthly rent I receive from tenants on my taxes? I have no problem paying the taxes however I don't know how to. Should I keep up with copies of payments? What do I do? BTW I only ha...

Hello, so recently I’ve been just flowing through the neighborhood & I’ve recently found a property that has potential to buy & hold or to put under contract. I know you can access a properties information via...

A prospective buyer wants to get a non-confirming loan (due to attractive 7 year rate). But they want to pay 10K less in purchase price as we are splitting some remodel cost. If the purchase amount is reduced, that wi...

Hello, I am using a payroll software to calculate my salary and tax withholding, fica etc. But I wonder how do I pay IRS for those taxes? Is there a portal from IRS that can take money directly from my company bank or...

Hello,In CanadaSold this triplex for a nice profit. Did my taxes and owe a lot of money.IS there something similar in Canada to section 1031 ? I know of the section 44. But it's n/a . Let me know please ?Thank you

Hello. I often come across owners of high value single family rental property who's sole reason for not wanting to sell is "All of my money would go to the government". In the past I've referred an owner to a cpa near...