Hello all,I recently got a list of tax delinquent from my county that is 13K+ long. Many are commercial locations and apartment complexes, neither of which I'm interested in right now. My question is what delinquenc...
Considering buying a new build but on the fence: I'm an agent- will make 5% commission, builder paying closing costs & rate buy down so can purchase a $289k SFH for $45k out of pocket in an A rated school system, ...
Can Tax experts help to clarify this?
https://www.sfchronicle.com/business/networth/article/Small-real-estate-investors-might-miss-out-on-new-13181697.php?utm_campaign=email-premium&utm_source=CMS%20Sharing%20But...
My two partners and I recently formed an S Corporation with the goal of generating cash flow from fix & flips so we can reinvest the profits into long-term rentals. We decided on an S Corp so we could reduce SE ta...
Hi! First time poster but have been lurking! What an amazing community.I had a quick question that might be a bit out there.I recently found out about a tax deed auction in a county here in California. I really lik...
My family and I got into short-term rentals this year and we thought things were going well but since the property was several states over, we had to rely on a virtual property manager. The one we chose was Evolve.I k...
I missed my opportunity for reinvestment of funds using 1031X (couldn't find a suitable property) and now I'm facing a $60k hit for the sale. I'm in Oregon so the tax bill will be too much to stomach.Any other options...
CPA question. I am going to make up some easy numbers for thought experiment for a tax strategy, in my head for the future, but thinking I am missing something. Business owner (Joe) sales a small business ( not rea...
Did you know that there’s a tax credit available to employers that hire employees from specific target groups that may otherwise experience significant barriers to employment? This is known as the Work Opportunity Tax...
Illinois has the highest real estate taxes in the nation. The upside of this is that there is a robust tax sale listing for each county. ILtaxsale.com handles nearly every counties tax sales. I'm posting this beca...