Chad K.
Can back taxes lower wholesale price?
I'm currently in the process of wholesaling a deal that has back taxes of around 8,000. The property has been vacant for 4 years. The seller agreed to pay the back taxes if we close but I was wondering can I use the b...
Chris M.
Post Auction - Lowering Your Tax Bill
In Allegheny County, when a home sale occurs, it seems like the county automatically reassesses the home for the new purchase price. What happens when a home is sold at a fraction of the assessed value? Does the cou...
Adam Craig
BRRRR and lower income on tax returns
I have an internet business, rental property business, and flipping business. I received my tax returns yesterday which were 96 pages long - they get longer every year. I should be more informed about how my taxes are...
Frank Wolter
Lower those property taxes, increase your return!
You be surprised on how many people do not contest their property taxes or don't even know you can.
When I purchase a property of course the only way I do is if it's a good deal. Being local In Cleveland its much eas...
Oleg P.
Lowering taxes on sale investment properties strategy
What would be the better timing of selling investment properties to minimize capital gains and taxes, if ready to move on without rental portfolio. Would it be wiser waiting for low income years, like job loss...retir...
Brian Acosta
Waive Tax/Insurance Escrow to Lower DTI?
Looking at how to improve my DTI for next purchase and noticed that the mortgage payment on my credit report includes full escrow (taxes/insurance) which is significant at $1,200. Since its on my credit report it will...
Henry Lazerow
Attorney recommendations for lowering chicago tax assesment?
Curious who BP members are using for Chicago specifically? Feel free to PM if prefer. Thank you!
William S.
$10k property tax deduction. Invest in lower tax states 2018?
If this new tax bill goes through, are you taking your money to lower property tax states? I’m in Milwaukee and am already over the $10k. I have a great team here, but have never enjoyed paying the outrageous taxes here.
Kin Lay
Game: Lower taxable income through real estate investing?
Hi everyone, I am interested in tax planning strategy to lower my W2 tax liability and create investment opportunity through the use of creative tax strategy. Can someone offer me some suggestions?We can work with the...
Joe Szymczyk
Lower taxes to the max when selling...depreciation
HelloLooking at personal house and rentals and depreciation...I havent sold yet....I have a few rentals that I have been holding....when it comes to sell...how are you guys lowering taxes to the max?On depreciation......