When using seller financing, is the buyer responsible for paying the taxes or does the owner pay for it until the payment is paid.
Team, I have a note that is reperforming and now seasoned and I am going to sell it. The borrower is way behind on her property taxes and is not in a financial position to pay them. My question is: do I pay all the p...
Looking for yearly averages other investors pay with their tax professionals.I pay monthly.It includes my LLC, my personal, and payroll taxes for my employees.The accountant mentions auditing and other functions are n...
Hello Everyone. I have been blessed over this last year in my rehab business now I need some tax advise from others on BP so that we don't bless the tax man so much :) I have been rehabbing homes since last summe...
Hello everyone Who is supposed to pay the property taxes when an investment home is purchased? I would come to believe that I am responsible for the taxes AFTER closing and nothing before. If the buyer ended up payi...
I think my property taxes are to high and I think I need a lawyer, maybe. So my property is in Columbus, Ohio area and when I built I was quoted a tax rate of 3k. Now my taxes are 6k. When I called the town I was basi...
Everything when it is time to pay for property tax, my property manager would pay the property tax for me using money from her own account, and then transfer the same amount from the rental property business account t...
Is there any reason I wouldn't want to pay property taxes out of escrow?I can't remember where I read this but I read it's better to pay separately, as it makes it easier to track or some other reason.
Good morning! I have a property that we paid cash for located in Maui County. We are trying to streamline our process and right now we are having to manually set aside funds for property taxes that would normally be h...
I would like to know if anyone pay estimated quarterly taxes to the IRS. I have an LLC in Pennsylvania and I buy and hold properties. Thanks in advance.