I'm looking at listings in the Raleigh, NC area.I'll look at a listing and then I'll go to try to figure out the expenses.I'm trying to understand how to work out the taxes.Some listings on Realtor.com just tell you w...
Hi,I used to think an average ratio of gross expenses to gross income for multifamily rental property should be at least 50%. It is about OH properties which are 40-50 years old. But what's interesting, financial stat...
As a wholesaler..when income tax season comes do I have to file income tax for any of the properties I wholesaled?...
If yes or no..what else am I required to report on income tax?
Thank in advance!
I just have some general questions about taxes on real estate income:1. If I turn a profit on real estate, what tax rate would I pay? Long term capital gains? 15%? 23.8%?2. Is there a way to always avoid taxes even af...
Hello BP, recently I picked up a really cheap property here in Ridgeley Wv, right across the river from Cumberland Md. I plan on selling it once I get it cleaned out, since I don't have the capital to get it in rent c...
I'm just now beginning to feel comfortable considering an out of state investment. Property taxes seem to be a topic of much conversation (I'm in TX)...so I'm curious to do a poll -- what are property tax rates like...
Curious about tax benefits, if any, with a Cook island trust. If the trust sells a property in the US, is it subject to the same capital gains as a US resident or US trust?
i have a property in trying to get assumption of loan from family member. I'm not on loan or title and I'm approved to re finance loan to my name but house in California has over 100k equity. Family member has to sign...
Hi All,How much can I expect to pay in property taxes per year in Jackson County on a 100k? I hear the overall rate is 1.62% but don't know what portion of that 100k is usually classified as land around KC.Thanks!
Our family has recently acquired 40 acres of raw unincorporated land in South Carolina near Lake Greenwood State Park. We have no idea what we should do with it. I've been thinking about a mobile home park. My mom wan...