I understand that we as RE investors will benefit from the drop of our tax rate on rental income and other investment incomes from 35% to 20%.   But my question that I haven't been able to find an answer to, is what w...

Bush's speech included a suggestion (?) that people who receive debt reduction in some cases will not owe tax on the debt forgiven.

Note that the IRS already allows this. It could mean that Bush is just restating wha...

All:Has anyone in SC ever successfully gotten property taxes reduced on a large portfolio of properties (other than the standard 25% ATI exemption) based on the fact they were buying a "business" instead of a collecti...

Is there a legal way to use S-Corp pre-taxed income to acquire more real-estate? I have an S-Corp (construction company) that is providing a main source of steady income. A couple years back I was able to acquire a co...

We recently wrote a letter to the Tax Auditors office to request a re-assessment of the tax value on one of our properties. This would be the taxable value of the home. For an hour of our time in writing the letter, w...

Folks of BP. I have just closed on my duplex. Should I now form my LLC?

Hi, everyone. Today, when I returned to one of my rental properties that I purchased two months ago, six unknown people were gathered around my property. They were taking pictures and measurements of the outside stair...

I live in Phoenix, AZ and was able to score a great deal on a foreclosure home for my primary residence back in 2009 as a result of the housing market bubble burst a few years earlier.  What the market bust also meant...

Hi All,
I am new to BP and looking at how to help protest/reduce my property taxes for SFHs in the Houston Area. I thought I would crowdsource ideas in BP since I have seen so many helpful posts on other topics.
Tha...

Hello everyone,
I am looking for insight into professional services for property tax appeals.  Any thoughts, recommendations for pros, would all be appreciated.  Thank you.