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Results (10000)
Account Closed what to offer when back taxes are owed?
9 November 2018 | 2 replies

Hello, I have found a property I am interested in purchasing to use as a rental. It is a SFH. Doing a little research I have found that almost 15k in back taxes are owed on the property. It is currently in foreclosure...

KC T. Finding Raw Land with Owners Who Owe Taxes
9 May 2015 | 6 replies

Hi folks,I ran across the podcast linked below:http://www.sidehustlenation.com/the-best-passive-i...It's about flipping raw land.  They discuss finding raw land owned by people who owe taxes on it and may be eager to ...

Jamane Y. Owner wants to sell house owes back taxes
22 July 2016 | 6 replies

I was contacted by an owner of a house in poor condition. She owes about $11,000 in back taxes on the property. The tax assessed value of the property is $58,364. She told me it is 3 bedroom 1 bath. 988 sq ft. The hou...

J Corona Cash out refi rental then sell. Taxes owe?
11 May 2024 | 14 replies

Cash out refi than Selling: I have a rental property I owe 60k, appraised 220k, I can get 168k cash out and pay off the 60k to have 108k in cash… now if I turn around and sell for 240k. Do I owe taxes on only the diff...

Edward Stephens Is Capital Gains Tax Owed on This Sale?
18 October 2015 | 3 replies

My father and other members of our family owned a farm.  Upon my father's passing in 2007, I inherited his portion of that farm.  After 7 years of being a partial owner of the farm, our family decided to sell the enti...

Chris Seveney Thank You Mr. I Don’t Know
30 September 2024 | 13 replies

Got to give a shout out to a tax lien investor who had some random gmail address and went by the name Ben.So, one of the unique things about note investing is when you buy a pool of assets is sometimes a seller is clo...

Matthew T. Tax lien properties w/ Mortgages
14 February 2013 | 5 replies

I'm not sure if this question was answered but here it goes. If I go to a tax sale and bid on a tax lien property with a "mortgage" and win the auction, do I have to pay the monthly payment and/or be responsible for t...

Shelly Swanzy Abandoned/vacant property with years of unpaid taxes
30 July 2014 | 4 replies

Theres a vacant distressed property that no one has paid property taxes on in over 15 years the taxes due are more than the value of the lot and the home probably needs demo'd.  The owners listed address is the addres...

Jack B. Will I owe capital gains tax on this sale?
16 April 2018 | 13 replies

I have lived in my single family house for a little over 2 years. I rented the apartment above the garage out for 1 year. I was thinking of 1031 exchanging 20% of the proceeds from the sale (20% because that is how mu...

Cathy Malmrose Land contract properties owe tax on full sale price?
12 September 2022 | 3 replies

I sold off a chunk of my portfolio in 2021 due to a heart attack (needed to slow down). I thought I would pay on the proceeds as the money came in, not the full sale price before any money had actually been paid on th...