Andrew Syrios
Jackson County (Kansas City) 2023 Property Tax Increases Deemed Illegal
I'm surprised I haven't seen any talk of this in the forums (or maybe I just missed it). But the insane tax increases in Jackson County, Missouri (Kansas City) were deemed illegal:
"Missouri’s State Tax Commission or...
Richard Fields
Anaylsis
When you analyze a deal, do you include moneys paid into escrow for taxes and insurance in with the closing costs, or no?
Lynn McGeein
How to Get Mortgage Servicer to Correct Tax Escrow Account
I have a mortgage on a property recently purchased in VA. When mortgage was sold, the new servicer strangely paid out of my escrow account both my VA real estate tax on that property and paid MD real estate tax on a ...
Wendy Stclair
Highlands Mortage - extended rate lock - crooks or standard procedure?
Has anyone dealt with extended rate locks and also this company Highlands Residential Mortage out of Essex Florida? I've got an extended rate lock on a SFH with Graham Parham and Aaron Stelly at Highlands Residential ...
Travis H.
Rehabbing house and already found a buyer
I am currently flipping a house in St. Louis county and a buyer literally parked out front and said they want to buy the house (when its done) Its is a 3/2 ranch with 1700 sq ft, no basement and detached garage....
Burt L.
What Are Other Downsides to a 1031 Exchange I Can Tell a Seller?
I've been speaking to a seller who relocated out of state due to work in June, 2011. He lived there for at least 2 years, so if he sells before June, 2014 he can avoid the capital gains tax. His current lease with ...
Anas B.
Tax Considerations for Flipping
Hello all,
What are the best tax preparation practices for house flipping? I utilize two methods of home repairs: rehab then rent; or rehab then sell (the typical flip).
Would my tax planning differ in each of the t...
Jason Malabute
I finished my taxes
I just finished preparing my own personal taxes (LLC tax returns included). IT TOOK ME HOURS! Many people would be impressed that I do my own taxes and the money saved because I don’t have to pay another professional...
Chris George
First Investment Purchase Charleston SC - Mortgage Help
Hi Everyone,Well this is my first post and I am excited that I just successfully closed on my first investment property in Charleston, SC. I was able to find an off market deal in a great neighborhood and already have...
Mao Pmn
Sell it or a Lease to Own
Current comps for this style is $400,000. Presently 245k owed, 2000 in mortgage, taxes and hoa a month. If I rented it would get roughly 2400 a month. I want to sell, would a successful lease to own generate higher pr...