Peter J.
Dispute of Property Tax Assessment
Hi fellow BP members, Looking to gather your feedback and suggestions related to a property tax assessment. My wife and I purchased a condo unit in the greater Boston area and noticed that the square footage listed i...
Dean Miller
Tax Deed Investing Education
I'm in the process of expanding my REI education in the areas of Tax Deed and Tax Lien investing and I'm looking for some good education sources out there that will provide value that will set me up for success in thi...
Kay Ferdous
Tax Question-Selling primary home
Quick tax question..My friend lives in staten Island.. Lived there his whole life 30+ years. He's look to sell his house which is all paid off for about 700K and then buy another house all cash in Jersey. What are t...
Lisa Landivar
Selling Home - Do I get taxed? - Oak Harbor, WA - Military
Hello BP community!An offer has been accepted and my closing date is 3/16/17 on my home in Oak Harbor, WA. My husband and I are military and we both own the home. However, we have only owned it for about 3 years, we l...
Lynne MacFarlane
When to establish an LLC - Does timing matter?
Hi BP! We are starting out and would like your advice. We have been reading that there are definite tax advantages to having your properties (as their associated income) contained within an LLC. As we haven’t establi...
Alex Stariha
Land contract for 4plex
Does anyone have any advice for entering into a land contract? I have an opportunity to purchase a fourplex Residential Building for around 400,000. The cellar is wary of selling out right due to large tax burden and ...
Paul M.
The cost to submeter apartment units for electricity/water?
Can the cost to install a submeter for utilities be tax deductible? I would have assumed yes but I know many landlords who havent done it so maybe not?
Sabuj Pattanayek
house/rental insurance increased 30% for TN in 2021
liberty mutual sent my renewal letter for my rental property in TN for 2021. The premium increased 30% which is double the previous tax year's increase (2019 -> 2020) which was 15%. Is this normal for the TN market...
John Adeiza
Tax deduction on rental property
Hi everyone, I extended my 2021 taxes, and it is about due as of now. My question is: Can I deduct rental property inspection fee (before purchase) from my rental income for 2021? I had also paid $800 inspection fee f...
Devin Smith
buying first house
Hi all,I plan on buying my first house in the next few months. I got approved for about $200k and will be looking in the DFW area. Any ideas on how this could also be an investment property?