I had a funny thought pop into my head as I began to prepare for the upcoming tax season: should I intentionally pay more taxes (by not taking all deductions/credits claimable) so as to be able to leverage that income...

I have a buyer wanting to close on a foreclosure before 1/30/17. The 2016 taxes haven't been paid yet (due 1/31/2017). If the house is being sold "as-is" who pays for 2016 taxes?

Technically, you are supposed to pay sales tax on the total sale price of any MH you sell. And because I plan to buy/sell a number of homes, I am in the process of getting my broker's license, and will therefore have...

Tax question - Closed on a property mid-year in 2015 (buy and hold), HUD-1 gives the credit for property taxes payable for mid-year tax estimate from seller. Example:HUD-1 Property Tax Credit: $3000Taxes during my own...

So I have a question regarding the selling of a foreign property and paying taxes on it.  My family has property that was purchased as a primary residence back in 1972 and was lived in until 1979 when they moved to th...

I have a questions and i might be asking this wrong way but let me give it a try.  Lets say I have a 54 unit building and the NOI is $202,000 i have to pay taxes on that correct? I heard in a podcast (not BP) that if ...

Hi all,

A friend of mine is planning to sell a primary house he bought many years ago. He bought it for 400 and spent 100k on it and now it is appraising for 1.4 million. His total profit will be around 900k.
I thi...

When you submit the funds to the state for a tax lien certificate or tax deed and receive the document what are the steps that need to be taken for the investor to keep the future taxes on the property paid? Some info...