![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1211771/small_1621510257-avatar-jungw.jpg?twic=v1/output=image&v=2)
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...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/158130/small_1695357218-avatar-martinzad.jpg?twic=v1/output=image&v=2)
http://blogs.wsj.com/moneybeat/2014/06/20/radioshack-under-1-the-clock-is-ticking/
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/292566/small_1621442152-avatar-johnd41.jpg?twic=v1/output=image&v=2)
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?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/99858/small_1621417022-avatar-edavt04.jpg?twic=v1/output=image&v=2)
Hey guys!
Do you use the county assessor's statement or the property insurance's replacement cost as your COST BASIS for the building/structure of your property?
According to property assessor, the cost basis of the s...
I paid $15,500 total for a new roof on my SFR rental in 2016. In doing my 2016 taxes the invoice breaks out local and state sales tax (~ $1,500) on the roof. Can I segment it and include the tax portion on my SCH E ...
Hi There!I own a commercial building with 1 partner in OR. We are looking to sell, and I am hoping to 1031 my share of the sale but my partner is not. Currently we own the property through a shared, two member LLC.In ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/541159/small_1694627303-avatar-chriscdallas214.jpg?twic=v1/output=image&v=2)
What advice would you give to a first time investor on how to find, what to look for, how to analyze, acquire financing, negotiate, and buy one of these properties in these market conditions?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/168123/small_1636253143-avatar-nypeterg.jpg?twic=v1/output=image&v=2)
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...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/40130/small_1694874480-avatar-justin0469.jpg?twic=v1/output=image&v=2)
Mods, feel free to edit if I can't post links.
I got a voicemail today from www.walkawaytoday.org. Figured it couldn't hurt to check out their website.
http://walkawaytoday.org/faq.php
They say:
Q: Is your company...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2525348/small_1695905031-avatar-sherir16.jpg?twic=v1/output=image&v=2)
Good morningWe have had an extenuating family circumstance and I need to cancel the sale of my property in Charlotte.This is a FSBO and I agreed to pay a portion of the buyers commission.I have already accepted an off...