Tobey Humphries
Taxes after selling a rental property
Team BB,How much money should I hold onto from the sale to prepare for tax time? I had a tax question I was hoping you could answer about a rental that I've recently sold (did not do a 1031). There's three places I'...
Gabe Goudreau
Change In Property Tax After Purchase
Hello everyone, I know that when you purchase a property for an investment that property taxes "uncap" and subsequently grow the year after you purchase the property. I'm aware of how to calculate the normal property ...
David R.
Tax Implications after adding 3 units.
Hello everyone. Looking for a little guidance on my property in Los Angeles.My long time CPA has passed away and we are looking for some guidance. We finished construction of 3 additional units on a property with a du...
Pauline Jones
Overages after a tax sale foreclosure
I was listening to a webinar about overages that areunclaimed in tax sale foreclosures, nearly 95% according to the speaker,Bob Diamond, there are 3,000 of these done every day, JP Morgan says $13,700,000worth of unc...
Martin Sterling
Taxes due after a sheriff's sale
Greetings,If you win a Sheriff's sale (brought by the 1st mortgage), if there are taxes or HOA's due, are you responsible as the winning bid and new owner to satisfy them?Thanks in Advance
Kevin Hurney
After you buy a tax lien?
Trying to find out what happens after you buy a tax deed from the county. What are the advantages of this strategy? How long would it take to realize a profit? If the original owner wants to buy it back how much in...
Alex Yakubovich
Backdoor Roth IRA and Pro-rata Rule
Hello everyone!Could you please help with my situation? I want to do a Backdoor Roth but I have pre-tax money on my trad IRA and I don't understand whether the pro-rata rule could be avoided if I do the following:1) A...
Nagesh Pulipati
After 401K Trasfer to Solo to ROTH IRA?
Hi Recently I have transferred After Tax 401K to Solo 401K. This is from Fidelity. I checked in Fidelity transfer detials, it says clearly Total Non-Taxable Amount for the line item. My question is, can I convert Afte...
Jordan Burnett
Multifamily Syndication After-Tax Returns for a LP
Does anyone have an actual (net after-tax) return breakdown from a multifamily syndication that they have participated in as a Limited Partner?
I'm particularly interested in Limited Partners who would not benefit fr...
Matt Selland
Obtaining Title Ins after Tax Sale in SD
I purchased some farmland in SD at an IRS tax sale in January of 2021, the previous owners owed the IRS 1.8 million so the IRS siezed and sold 3 tracts of land in an attempt to collect their debt. The sale was hardly ...