My husband and I are moving to Colorado Springs. We are selling 2 rental properties in Texas. 1st question, can we use proceeds from the 2 investment sales to purchase 1 rental/investment property?2nd we are diy'ers ...
Hello beautiful people of BP,So, I'm no CPA, but it would seem that if I do not apply my original down payment on a property towards the new purchase, it would not be taxable as it wasn't actually a gain. So if I orig...
what specific information is included in the notice of tax sale to lien holders, just sale info, or amount to redeem also ?
I am looking at a piece of property that has a tower directly adjacent to our town fire department. The property is owned by bell south mobility and they have a tower and generator. That is all this property is. It is...
Hi All,
I am working on a potential deal in the Columbus Ohio area. It's a gutted duplex with a continuous parcel behind it that has plans for a carriage house. Both are INDIVIDUALLY listed. My question is can I use ...
Hi all,
I can use some help on my first fix and hold/flip. Its a fourplex i bought at 155K. I had it appraised when I bought it and bank valued it at 170. Ive done most of the rehab already (about 25k).
Im trying...
We are starting the process of dissolving our investment business (LLC) that has two partners. We know we have to sell 1 property, but the rest will probably be distributed equally. My question is when we sell the pr...
Hello,When a property is sold, who pay the taxes, the buyer or the seller?
Anyone know how to estimate taxes on new construction homes? I’m going to purchase a new construction home and I want to estimate the taxes. Anyone know how I can estimate what e tax bill will be? This will be in Sout...
Has anyone dealt with a rent to own contract before preferably in LA? Does the agent or a real estate attorney handle the contract ? Is the agent paid commission for this?