Our City Council just set tax rate for FY 2019 - According to a presentation from the city, at Round Rock’s median home value of $241,538, a homeowner would pay about $85 per month more in property taxes to the city u...
I am working on a property deal in which the owners seemingly converted from a C-corp in '03 to a S-corp, rolling the assets of the C-corp into the S-corp.
Since they did not pay taxes on the assets at the time of th...
I recently converted my primary residence into a SFR and completed a cash out refi. I plan to invest some of the money in a business doing flips and remodels with a partner. Are there any strategies to avoid my profit...
ForUncle Sam gives, and Uncle Sam takes away.But in the case of buying local [market_city] investment properties... you can earn investment property tax deductions for real estate investors, the United States provides...
After looking into a property and running the numbers, I noticed that it was behind on taxes by a couple years, and I know that I can negotiate the purchase price based on this. Would you simply subtract the tax delin...
Hello,I was hoping you guys could provide me a few tips based on the unique situation I'm in. For the past couple years I've wanted to start building passive income, and I'm very interested in real estate. I just hit ...
I had to rent out my place to help my mom after my dad became ill then passed away. The point is that sort of thing caused me to get swamped, and I never intended to rent. So filing is new. I want to get it done ...
I recently bought a property at a PA judicial Tax Sale ( in Delaware county pa). It’s a townhouse so there’s a HOA. I went to the property and it’s occupied by a tenant. I sent the tenant a certified letter to introd...
Why do you feel you need to "work" for someone 9 to 5 or whatever it may be? Why is it that you take time out of your personal life and sit in a 4x6 cubicle, 5 days a week or may be even 7! I had this discussion with...
Hello Everyone,I have a friend selling his primary residence a little sooner than anticipated and wondered if anyone had come across capital gain tax issues in the past. Here are the facts:- Closing date for current ...