Hi FolksI am trying to figure out who is paying taxes on a particular property. The the last deed recorded for the property has two deceased persons as the grantees. The mailing address for the property points to a pr...
I am looking for some advice about what to do. I would like to sell a rental property that has appreciated from 108,000 to around 295,000. It currently rents for 1,250 monthly and has no loan on it. Its in northern ca...
I'm about to close on my first property, a 4-plex. I plan to buy more in a short while, and I thought one of the main benefits of a corporation was that you pay taxes LAST. So I thought if I bought another property ...
Recently ran into a situation where a friend had asked for tax advise regarding his RE taxes on 15 rental properties that he owns. His question was: Should I get a line of credit in order to pay my RE taxes every year...
I’m located in Chicago, IL and I want to know if there are Title Companies that are able to pay off back taxes from the proceeds at closing.
I’ve been in realestate investing for over 10 years. I continually hear people talk about “paying no taxes” being a benefit to owning realestate, but I’ve yet to have heard a single explanation of how that’s possible...
Okay so my wife and I are doing some research into tax liens and tax sales cerificates. We understand that delinquent taxes go to auction and are purchased and the owner of the property has a certain amount of time to...
I will be purchasing an efficiency motel next month in Indiana and the seller told me today I would have to file for an RMC and have to pay 7% sales tax each month on rent collected. The question I have is:
Is there...
I am currently in the process of refinancing my two rental properties. This should be net me approximately $45,000. Should I pay off my backed taxes or should I buy two more rental properties?Backed Taxes currently ...
Investors who own commercial property such as apartment buildings how do you pay property taxes? I was reading an article on this link https://www.nolo.com/legal-enc... and it said you complete an income and expense f...