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I am looking at purchasing a turn-key property in Fort Worth, Texas and would like to know a little more about the area before I make up my mind on the deal. The details are below. Also, are there any considerations I...
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Dear BP community,I am about to buy a single family house in East Germantown, Philly. However, the seller stipulates that i am paying all the transfer taxes and I buy the house AS IS and I am responsible for U&O. ...
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Investment Info:
Other fix & flip investment.
Purchase price: $25,000
Cash invested: $25,000
Sale price: $45,000
Purchased bare land at a tax deed auction. Held for a year and I paid $3000 f...
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Hello Bigger Pockets! I'm looking for some opinions from you. I have an unused 529 plan meant for my kid currently worth about 60k. My kid is 20yo now and decided a while ago that she didn't want to go to college. If...
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Hello all,My mother-in-law is looking to possibly sell her home in Lakewood, but there are a few things at play to where she is looking for a specialized CPA to knows about real estate tax ramifications. Here are some...
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How can i get a delinquent tax list for Harris County ?I have gone through Mike Sullivan's website (Tax assessor) and you have to know a particular name and address. As we all know, this is an awesome target in the r...
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On my way to accountant.. writing checks that I could have only dreamed of years ago when I started If I could have only made that amount of money gross I would have thought I died and gone to heaven LOL... But havi...
Are the books and membership bought from either BiggerPockets or any other site considered tax deductible if you are using the books to help educate you to build your business or entity?
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A real estate lawyer asked $600 to setup a LLC and file at the secretary of state not including $137 fee from the state, and then he would help me to get a tax id for my new entity.With a little research online I find...
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I have a SFH with equity that I will be selling and 1031 exchanging for a commercial/mult-family property. Can I legally syndicate the new acquisition, and if so, will this just create a tax accounting nightmare?Ahmed