I was reading today about the Pilot program. "Payments in Lieu of taxes" Has anyone heard of this Program?  It is suppose to help landlords with property taxes.

I sold a rental property.  Half-way through owning it, I realized that I had failed to begin depreciating it when I bought it, and I started depreciating it.  Had I depreciated it from the beginning, I would have acco...

I sold a house on land contract. I wanted to know if it is possible that a lien from a government education loan in default could be attached to this property, and does this jeopardize my equity? I should be in firs...

Hi everyone.  I live in California.  I just sold a vacant lot in Oregon that I had owned for 2 years.  I made about $20k in profit in long term capital gains.  On my 1040 form, I have about $30k to write off for my lo...

I thought some of you may enjoy this:

Animated Take On The Federal Reserve

What is sad is that Fed policy is funny now...good times!

when doing a wholesale, either assigning or double escrow, we have the option to choose 3.3% of the sales price or 12.3% of your profit. I don't have an LLC and this is the state of California. Anyone have any other i...

Hi! I am brand-new to this forum. I am very informally trying to give my mother advice. She has recently purchased an investment property in San Antonio, Texas, her birthplace, where she has not lived for 50 years. Sh...

Hi guys,Can anybody explain to me please this...Ive heard from one RE investor, who owns about 300 properties, that his accountant files a separate tax return for each LLC/trust, etc (if I understood him correctly)......

This is not a thread to debate the government shutdown (political discussion is against the forum rules), but rather just a warning to people that I just ran into an issue.  10% of our workforce is government employee...

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