1. If you have started depreciating your property (which is based on the asset value not on the land) and you say, get it reappraised or you refinance it do you start the depreciation process over at the new adjusted ...

In the past 3 years I've flipped about 1 property per year in addition working my 9-5 job, I just received an audit from IRS saying that I have to pay an excessive amounts in taxes. I'm in need of a professional that ...

Usually am not too involved with my parent financial matters, but now with things so bad in New York City, I invited them stay with me until New York gets back to normal. Today I picked up mail from their property, an...

After months of reading the books, listening to the podcasts, and checking the forums, I have pulled the trigger on a joint venture opportunity. The structure is what I would consider a typical joint venture... Detail...

Hi Everyone,I am pretty new to the RE investment game. I actually just purchased my first two buy and hold properties over the summer. I live in the US but I am originally from Australia.My sister works as a nurse in ...

Hi all,

I am looking to do some wholesaling and have come across a few properties where back taxes are owed. My question is, how do I write the offers? For example, if a house comes along where 5K in back taxes are o...

Decision time on a property I am buying. It looks like it will be pretty thin on cash flow as a rental - less than $100/mo. But there is a sizeable equity in the deal - $40K profit. What are the tax implications of a ...

I purchased an investment property in October 2019, got tenant in for November 2019. ~$1800/month. I can report a loss ~($3500) or more on my 2019 taxes due to deductions/interest/depreciation, etc.  Will this hurt my...

What taxes do you pay after selling a live and flip? We have lived in the house for 3 years and are ready to put it on the market. We are curious on if we pay taxes on the money we make on the house?

Im considering a home on land contract with a lot of back taxes, what are some strategies to fix this with limited funds?