David K.
Duplex in Cleveland Ohio
Hi,I found a duplex outside of Cleveland Ohio that I was hoping to get some feedback on. I am a long-time lurker in investment properties, but have never pulled the trigger. I found a property recently that seems too ...
Nur Al Sharif
Leasing to an Owned C-Corp which then leases to third party?
Hi all, I came across an article detailing why a C-Corp should never own property, but should opt to lease it instead. (https://www.thetaxadviser.com/issues/2018/sep/leas...) This led me to think of a scenario. Not s...
John Laney
Tax Grid not matching the City's Plat w/ a Friday closing...
Hello,
I am making my 4th Mid South Home buyers purchase; however on this purchase the Tax grid is not matching the city's plat. The City plat is accurate, but the tax grid cuts off a small slice of my property. ...
Dan L.
Sales Tax for New Windows
Hello BP Fam! I have a question. I am replacing all the windows in a rental house rehab. The windows themselves are costing me $4,400 + $400 in sales tax. I'm having someone else install them. This is a capital improv...
Robert Johnson
Is it possible to buy someones defaulted loan clouding deed?
As backstory, I am looking into a property in Texas. The property is being offered as a "resale" and has been on the books as such since 2011. Before the county foreclosed on the property the previous owner took out s...
Edgar Duarte
should I sell NOW to avoid taxes or hold it for appreciation?
hi allI would love to get some perspective from your expertise, we have a property that we would have to sell in 2025 to avoid paying taxes on the capital gains, we believe we can sell it for $700K and get an equity o...
Keith N.
Recommended Tax filing services in Raleigh North Carolina?
Hi All,I'm sure this question has been answered 1,000 times on BP, but can anyone give me advice on what I should do in regard to filing my 2015 taxes. Previously I had used Turbotax and done them myself, but this ye...
Judy Parker
How to Aquire Abandoned Property
A vacant parcel of land in New Jersey has no living owners. The elderly owners passed away. They left the parcel to an elderly homeless man who passed away intestate. Technically there is now no owner of this property...
Brian Campbell
property summary question
I am trying to understand line by line the property summary line of the Rental Property Analysis Tools. Why is the before tax cash flow less than the after tax cash flow? I would think it would be less, so I am miss...
Allen Smith
1031 exchange on large investments
Need advice! I am contemplating 1031 exchange in a paid off vacation rental roughly $650,000+ profit. Any ideas on the taxes I would pay if I chose to not 1031? My cpa is saying 32% roughly in taxes but IRS says 15-20...