This is for the bay area, and here's what I am hoping to do - buy a fixer upper for 900k - Cost seg - write off (675k)- Spend 200k in improvements- 30k in furnishingsHow does the 200k in improvements play in taxes? Ca...
Been gone a long time from the forums, Hoping someone with tax expertise could help me here. My wife and I have 16 rental units in Kentucky and although we have an on the ground handyman we mange financial things rem...
Good evening,
Is there a CPA in the Elgin IL area that knows real estate or is a real estate investor as well that I can contact to do my tax returns this year? Last year the CPA I used was not able to help me maximiz...
Hello, In my area, property tax is reassessed every time there is a sale. So, if you by a house for 1 mil, your tax is 1.5% of that. So, when I've been calculating taxes for the houses we're looking at in OH and GA, I...
Has anyone had any luck lowering property taxes? I have a duplex in Fresno, Ca. with a tax bill of $2020/yr.... I have another duplex a few miles away that is only $780/yr. I know little about property taxes but somet...
Contrary to popular belief, accountants/CPAs do other things than taxes. After college, I decided to enter the world of audit at an accounting firm. Turns out I wasn't a huge fan of it and moved over to consulting.
...
If I buy a property at tax sale and go in to start clearing house out what can previous owner do about me removing their personal property? Previous owner says she still lives there!!
Here is the deal, over the course of the next year or two I plan to purchase multiple small apartment complexes across the US. My original plan was to keep it "simple" and have 1 LLC for X apartment complexes until i...
Hello,
Prospective tenant informed me her mother who will be living with her (and submitting an app as well) "doesn’t have a social security actually it’s just a tax ID." I've not heard of this before and was hoping...
What is a good lookup tool for property info in the Nashville Area? For Example:1) How much is left own on the Mortgage?2) Tax liens?3) The property ownerPlease help, we are going on our first driving for dollars toda...