HI,I am trying to get into the real estate investment game... from a long distance away. I have what may be a very basic question, but I noticed this property on trulia https://www.trulia.com/p/mn/white-bear-lake/4671...
To qualify as an RE Pro you must:
1. Spend more than half of your total working hours in an RE business in which you materially participate.
2. You must work at least 750 hours per year in a qualified RE business....
Hello!In 2022 I purchased a real estate course and am wondering if it's possible to write it off on my tax return. I have just one investment property that I rented out Feb-Dec of 2022. Other than that I am a full tim...
I have a house im going to look at and court records show that the property is worth 125000. My seller said it appraised at 168000 recently. He has made a lot of improvements to it. Should I take his word or go off o...
I purchased a SFH in stockton on December 2018. My purchase price was $250,000 and the assessor appraised it at $320,000 for property tax purposes. I have a court hearing scheduled for December 16 to try to bring th...
I purchased a 1 BR in Astoria in a newly built condo in September 2021. The cost of condo is $600k and the initial listed property tax was $410 per month. I just received my annual Notice of Property Value (NOPV) whic...
My wife and I are looking to invest in Indianapolis are struggling to figure out what the general property tax rate across the area is. We'll look into our target property's tax history, but the tax bill is usually ba...
I bought my condo cheap. It was a foreclosure and I paid cash. There was no HOA fees. However my closing documents showed an active HOA. I was not present at the closing but gave a power of attorney to my agent/lawyer...
Hi group, does property tax stay the same when purchasing a property in Cleveland under an LLC from an individual owner or does it fluctuate and how?
Thanks in advance.
Amidst this COVID I’m trying to assess how many people have rentals active on the market and whether you’re seeing a drastic decrease in rental interest/applications. I have a bank accepted foreclosure. After rehab, w...