Trent Williford
Commercial Real Estate --Property Taxes and how to avoid the hike after acquisition
I am confused. I just started learning how to underwrite commercial real estate deals. The property that I was interested in last sold in 2019 for 2.5M and the property taxes have stayed relatively the same since. How...
Roy Mitle
filling out schE for the 1st time
This is my 1st time with 1040 and rental.a) Is it possible to list the closing costs under any expense item - eg. commission. I bought the house so technically didn't pay any agent. I also took a no-point loan but I s...
Dima A.
Using an S-Corp and an LLC together- rental real estate
I have seen several investors do this, but cannot fully understand the benefit, and I am pretty well versed in tax and entity structures.
Situation: multi-member LLC owning rental properties and only has pass...
Sundiata Jackson
Process following a tax lien foreclosure.
Hey everyone,I have been doing tons of research on tax lien investments but there is still a lot I am unclear on. Lets say I buy a tax lian how long before I can foreclosure on the property. Also once I foreclosure on...
Amit Patel
Estate Planning / Tax / Gift Question
Estate Planning / Tax Question located in CTMy parents plan on retiring over the next 5-7 years and have 3 rental properties with mortgages on them. They will have the ability to pay the properties off if needed. My q...
Richard Gaston
Tax Leins
Ok, I had to put the business on the back burner for a bit, my eldest son just moved up here from Mississippi along with my grand-daughter (woo hoo). And I was waiting on him to move up here in Washington, I am lettin...
Shawn L.
Need help with lease optioning my own home and my mom's home
Here are the homes in question:My Home - 3 bd/2 ba SFH, ARV approx. 75-90k, no mortgage, tax lien of 61kMom's Home - 3 bd/1.5 ba SFH, ARV approx. 110-130k, 40k remaining on mortgage, no liensHere's my problem: I own a...
Bobby R.
DC Area Tax Preparer
I have yet to do 2014 taxes (multi-state W2s, rental property) as well as 2015. My last tax person, an accountant, was not taking depreciation for the rental.I met with a company that would do both years for $600, an...
Ankur M.
How to prepare for appealing property tax in front of BOE
Hello, I am new to this website still. I recently acquired a commercial real estate property and the property taxes the next year went up nearly 60%. Therefore I filed an appeal explaining my situation, however the Bo...
Brandon Vannier
Learning how to analyze
Hey guys, I am learning to analyze deals in the market for the time I am ready to invest. I have found a property I'd possibly like to invest in of I had the money so I want to hear what you guys think.Located in Roch...