Is the property tax based on purchase price? For instance, if property tax is 1% and an apartment sells for $10MM, would the tax be $100K per year?
I'm asking this because hypothetically, if the previous owner purch...
Consider I buy a property and rent it out. Then sometime in the future I occupy it as an owner for 2 years and then sell it off. Would I receive the full $250K profit from selling the property as tax-free money?
http://blogs.wsj.com/moneybeat/2014/06/20/radioshack-under-1-the-clock-is-ticking/
I am currently going over my potential tax deductions for 2018 and I have the following question. Does my expenses on the sale of an investment property in the settlements document goes into Schedule E or do I redu...
I'm completing a Rental Calculator query form for a potential rental sale property and just wanted to know how does one come up with and determine the percentages for the monthly landlord expenses paid portion?
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $240,000
Cash invested: $150,000
Sale price: $495,000
This quaint 1500 sq. ft. home in the most desirable porti...
We are in the initial phases of starting a Corporate Housing & Leasing Company and are seeking an experienced sales professional to close leases for our BNB/corporate housing rental company. We have chosen to outs...
I have a private investor (sister and her husband) who will provide the down payment for my first SFH investment property. I will manage and plan to refinance to get their money back. We will split everything 50/50 af...
The sponsor has opted to 1031 exchange into a succeeding property upon sale. However, my investment is roughly 43K which meets the Min investment requirement for the new Syndication but I am not sure it meets the tena...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $267,000
Cash invested: $40,000
Sale price: $267,000
Contributors:
Tim Swierczek
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