I am noticing quite a few homes that are 2-3 years past due on their property taxes and none of them are mortgaged. They are up for a tax deed auction because they have 2-4 years of tax liens and some are rented out t...
Is it standard no matter what the appraisal of your property is?
Hi Folks,How much did YOU pay your CPA for tax preparation and filing 2016 taxes?I just got my bill from my CPA for preparing my 2016 taxes - $4,200. Feels steep to me. I am filing in California and I bought one n...
city/county tax, where does the buyer pay half of it customarily (unless written into contract countercustomarily)?
Hello,I'm close to closing a deal on a cash refi on a property that I own outright. If I end up getting those funds this year (2022) but i'm yet to find another property to invest those funds in (in the same year), wi...
Apologies for the basic question, but I haven't been able to find a clear answer online. I'm selling my home and doing a 1031 exchange, and am filing a California Form 593-E (Real Estate Withholding -- Computation of ...
I currently am researching my options on potentially selling 1 or maybe 2 of my 3 family properties and rolling them into a new/bigger multifamily. One of the deciding factors is will I have to pay 20%-25% in property...
I began putting aside a percentage of my modest paycheck and doing side work to come up with additional money to invest in the stock market starting in 2008. From 2008- early 2014 I made very nice gains but they have...
Hey BP. I am new to the game and have been spending most of my time reading as much as possible here and have learned a ton. I am going to purchase a home soon and start house hacking. I am aware that with this, I wil...
Hi gys -I am planning to sell my Investment Property that I bought in 2012. I'll do an example below just to understand the taxes payable.
Can someone with real experience relate if they really had to pay these taxes...