I'm looking for someone who can clarify the homestead exemption act for me. As i understand it today, I can sell a house that I've lived in 2 of the last 5 years and not pay capital gains tax on that. So I did that, l...
Hello everyone,
I am a prospective investor with little (or no assets) and I have embarked on getting my feet wet via quick claim deeds and or repossessed homes in which you can take over the title from simply paying...
Is the $339 the total property tax? Am I missing information for taxes on land?
My Partner and I purchased the property in 2016. After renovating it we rented the property for one year. Now it is in escrow and expected to close in May. We made some profit in this transaction. Would I be declaring...
I somewhat understand the idea of tax lien investing.. but what about trying to buy the properties that have tax liens on them.. or are delinquent on their taxes? Does anyone have experience in using this information ...
Ardnas, Inc, better known as the Queen Of Tax Deeds, has placed up a very informative video on online tax deed sale due diligence. If you were ever thinking about getting into Tax Deed or how the process works, this i...
I'm analyzing a foreclosure list I purchased question about the levy. There's a row for Taxes Due and then another one is labeled Levy. The amounts are mostly the same, sometimes there's a difference but not significa...
I found a good flip but has 15k in taxes. What is the process in clearing this up do you have to pay all the back taxes upfront or can you get on a payment plan with the City?
Hello Everyone.Here's the situation: A homeowner wants to sell a property he inherited. The mortgage is paid in full but $11,000 is owed in back taxes so it's in pre-foreclosure. He's willing to let it go even if ...
I have a W2 job as an engineer, have been paying cash for all of my current investment properties and rehabs. I was able to deduct all of my W2 and rental income for tax purposes through real estate- Thanks to learnin...