My mom owns 50% of my grandfather's estate.   The other 50% was inherited by my mom's step-nephew after my mom's brother passed away.  My mom's step nephew stopped paying the taxes and his 50% was sold to me at a tax ...

My Medicare premiums are being withheld from my social security check.Quick question:  Are Medicare premium payments pre-tax or after-tax?And if after-tax, why is the SS Administration not including this amount in the...

Hi Everybody My question is when analyzing a property should I consider income tax in my analysis or should I assume that the deductions will reduce my taxable income to where its pretty much evens out and not worry a...

So I'm trying to do some research on a property that I want to bid for at an upcoming foreclosure auction.  This will be my first auction I actually bid.  I went to the deeds office and found no other deeds besides th...

Hello, I bought my first flip recently using an LLC. When I sell 6 months from now, do I pay capital gains after I take out the rehab cost?

Hi all,

As I said in the other post, http://www.biggerpockets.com/forums/70/topics/116927-results-for-first-time-tax-lien-investment-in-az , I won 8 tax liens in Coconino county. I wonder what I should do to ...

Hi, Chicago-area investors,As I move closer to buying my first multifamily, one thing I haven't been able to learn much about is property taxes. Specifically, how are they adjusted after a sale on the open market? My ...

When a real estate syndication is sold and you still have loss carryover from initial year 1 depreciation (cost segregation), can you use it to offset ordinary income on the year of the sale? And how?  (assuming not r...

I bought this property for 80,000. It appraised for 171,000 and I took out 137,000 and paid off the 80,000 mortgage and kept the rest to reinvest (57,000). I was wondering if I sold the property for 185,000 if I would...

Hi All,I bought a MFH for $360k last year in Chicago. I put $80k into it for a complete rehab. It's been fully rented and is generating very nice 20% CoC return (down + rehab cost). Prices have gone up quite a lot sin...