Maxwell Ventura
State Level Tax Question San Diego & Hawaii
Asking for a friend who's primary residence is here in San Diego and owns a 2nd home / vacation property in HawaiiHis tenant in Hawaii wants to buy their house from them — He has cash and is offering $390,000. They bo...
Tom Walrod
Capital gains if no principal is paid?
We want to do right by our property manager and ourselves. We own a multi free and clear and want to get it into his hands, but also want some income till we die. If we sold the multi to him for no money down and 5% i...
Rafael Pinho
FIRPTA doesn't apply to a domestic LLC that has multiple members. True or False?
Hi all, EU based investor here looking to do flips and buying rental properties.If we form an LLC with a mix of resident and non-resident members, will FIRPTA apply?
Kelly G.
Tax Q: do I need to calculate/pay recapture depreciation?
Hey - I thought I was in the clear - but perhaps not (was about to file my taxes . . ). here's the shortest version on my situation:1) bought a house for mom in 2005 - she lived there til 2011 (not nearly long enoug...
Cassandra Sifford
Wholesaling Tax Lien Properties
Good day BP Fam! I'm a new wholesaler and am finding alot of tax delinquent properties. I've spoken to a few sellers who say I'm not interested in selling. I see they sometimes owe between $12k - $22k in back taxes. W...
Ronald Best
tax liens in MD
I am new to the tax lien game, but in looking through the numbers, it appears there should be a ratio of the amount tax owed to the assessed value of the property that successfully determines the probability of reachi...
Jerry Hodges
Delinquent Taxes not in auction
My county does not pursue delinquent property taxes. I know, it’s weird. Because of that there are a plethora of abandoned properties in my county that owe back taxes. How do I go about acquiring these properties if t...
Eduardo Ledezma Diaz
Should I renegotiate?
I’ve got this property under contract and today i got the title search report back. The owner owes taxes on the property. Should I renegotiate the price or have them pay out of pocket?
Joseph Toni
Solutions that the seller can take to avoid a tax foreclosure
Hey guys, this will be my first wholesaling deal. I am literally in a sticky situation with the seller because she owes some back taxes on her property. The thing is, she has until the 2nd of July to pay her back taxe...
N/A N/A
How we nagotiate with IRS?
The IRS wants to collect as much money as possible and as fast as possible. How can I nagotiate for my monthly payments?
Is Tax Attorneys helps in this?
Regards
James