Can someone tell me if I am missing something. I thought it was simply the difference on percentage of appraised value (4% vs 6%). But the bigger issue is the nonresidents (or a 2nd house) have to pay all the school t...
I would like to hear from individuals who purchase tax lien certificates online. I am specifically interested in learning how to perform due diligence over the internet prior to acquiring certificates at auction or b...
I got out a year ago, but I'm already refinancing my own house into my name, I inherited my mother's house. My long term goal of next year is to buy a 4 Plex with a VA home loan. Now discovering VA rules on buying a 4...
Investment Info:
Single-family residence wholesale investment.
Purchase price: $46,000
Cash invested: $46,000
Sale price: $78,000
Purchased prior to Tax Auction, but I saw it on the foreclosure l...
What is the best way to purchase tax sales property?
What happens to the the accelerated depreciation received from real estate syndication owned by IRA as LP? Is this held back and available for use when funds are eventually pulled out of the IRA?
I went to Birmingham courthouse and I asked them if I could buy over the counter tax deeds that were not sold and they told me that I should buy them from the state, they gave me no instructions. My question is how do...
My mother-in-law and her sister are likely to inherit a home in San Diego. According to her, the value on Zillow is about 1.2M. She also said that it is in good shape, but has not been updated for several years (I’m...
Hi Everyone,
Ok - Ive reading a bunch on this and seems the consensus is to file a 3115 for missed depreciation if its been more than 2 years.
I did claim depreciation on 2023's return but did not claim in 2022, 202...
I've had the same person do my taxes for the last few years, but he seems to have disappeared this year. I guess I shouldn't have waited this long to reach out to him, but in prior years I'd set an appointment with hi...