Hello all,
I closed on my house in Taos NM in June 2021. Purchase price: $165,000.
The market has doubled in the time since closing and two of my neighboring houses (Exact same houses) have just sold for $340,000. I...
Hello good people of BP,
I am having a difficult time finding info on when I am supposed to be paying taxes on my rental income in Missouri. Both properties are owned by a single member LLC and I was under the impre...
For all my fellow Relators out there. We've ALL heard that if you are a full time real estate entrepreneur you can offset a large amount, if not all, of your tax liability by investing in real estate and selling it at...
I just put a property under contract that I plan on wholesaling. However, I just found out that there are $1,000 in taxes due on the property (delinquent). I trusted, but did not verify, the sellers word there are ...
The following is question and answer on official auction website of St. Tammany, Louisiana.
Who is responsible for property taxes that become due after the tax title sale and during the redemptive period? The buyer...
Anyone have any suggestions on how to pay VRBO taxes in PA? Just started hosting and I'm collecting tax. How and what is the process to pay this tax?
Hello, I conducted an extensive search but could not find the best answer on structuring a private money loan for a fix and flip property, that minimizes the taxes for the Private money lender. Essentially one investo...
Hey guys!I am still very new in this industry and need some help here. I managing my mother-in-laws property and taking care of everything for her via POA. I know ultimately she will have to file the 1099 but are you ...
Here's a question I have been struggling with: Do I continue to save for retirement through tax deferred methods like a 401k, which grows my net worth 33% faster than a non retirement account? I am self employed, so ...
Does anyone intentionally report higher taxable income (and obviously pay higher taxes) so they can qualify for financing, such as heloc or business line of credit?I understand there are alternative methods such as ha...