Hi all, I would love to hear what Austin-area SFH investors are seeing realistically with their current investments. For those of you who have invested in single-family homes in the Austin area, how much money do you ...
I have house hacked a few times now where we buy a foreclosure, renovate, then sell a house at the two year mark so taxes have not been an issue. We now want to flip a house on the side, outside of our primary residen...
Question #1: Upon the purchase of an investment property that you will be rehabbing, its understood that property taxes are to paid. But at what point? At closing? I'm also told that property taxes are a holding cost,...
Subject: The Birk Economic Recovery Plan
I'm against the $85,000,000,000.00 bailout of AIG.
Instead, I'm in favor of giving $85,000,000,000 to America in a We
Deserve It Dividend.
To make the math simple, let's ass...
I own a rental in CO (over 5 years definitely classified as 'investment property'). I may be moving to CA soon.I have plans to sell the CO rental in the next few months.From what I have read, it appears that it's bet...
Hi all,I just joined and hope I am posting in the correct forum.I plan on buying a one acre lot near where I live to build a house on and then to sell it when it`s completed. My question is will I be taxed heavily on ...
Newbie question here- do I pay income tax on investment income? I haven’t heard it addressed at all yet in the podcasts and other materials I have come across.Thank you!
I bought property in sheriff sale and there was a inheritance tax lien on it when i went to sale. title company escrowed $5500 and asked me to get pay off statement if i want to get that remaining money back. I contac...
I'm looking for a firm in Columbus Ohio area that can assist me in a cost segregation study on my newly purchased investment property in Columbus. Would love to hear if anyone has had experience with one there and rou...
Hi All,I want to confirm if I understand tax implications of a rental property correctly. The biggest confusion point for me is if rental income is taxed on gross income or net income (I think it's gross?)Here's an e...