Colton Mckell
Buying tax sale property
2 years ago I did a hard money loan with max monthly interest. I recently have been paid part of the principal, but was still in a situation on the interest owed to me. Recently the property that had I had up for c...
Anna Milligan
Taxes for buy and hold
Should we expect any tax advantage or disadvantage for 2016 if we purchased a buy-and-hold rental property that was never rented (never produced an income) until 2017? It was purchased by us as individuals, not throu...
Brandon Barnic
5 unit for a dollar. that's right. 5 for a dolla
Hello friends! I've found a 5 unit for sale. They bought it at a tax auction last year, gutted it, and ran out of money. They just want out. The problem is that they some how now owe 10k in taxes because the did not ...
Ed Neuhaus
Start a church and pay no taxes?
I was watching Last Week Tonight last week and it seem that there is a easy way to "start a church" and pay no taxes on income. Wondering if we can apply this to Buy and Hold real estate. No property tax or income t...
Simon Astrop
Canadian investor
Hello,
As a Canadian real estate investor in the Toronto area, I have taken interest in the Florida market. Is it true I have to pay a higher property tax as a non-resident home owner?
Thank you.
Colin Graveen
Multi Property Rentals in Illinois
I am interested in buying a multi family property in the northwest suburbs of Chicago, IL, however, I have heard negative comments about buying investment properties in Illinois due to high property taxes. Does anyone...
Ram B.
Withholding Tax for a Canadian Investor
Hi All, Will there be withholding tax for a Canadian Investor who is already filing his taxes in US both Corporate and Personal(Non Resident)?How is this tax % decided? It is about a Single Family Residence in Ohio.Th...
Daniel Rolon
For tax reasons: HML draws or pay cash for repairs?
For tax purposes is it better to do hard money loan draws or pay cash for repairs? Current scenario: House under contract for $105k, needs $15k repairs, ARV of $170k. HML terms are adding $30k to the purchase price wh...
Steven Whetten
Does the VA disability income considered proof of income?
I am 100% disabled through the VA and get a pay check every month does that count towards proof of income even thou I am not getting taxed. I heard that they don't include the VA money because you cannot show the inc...
Erin K.
creative financing to minimize capital gains??
We are looking at a multi-family property that has been owned by the current owners for about 30 years, so they are facing large capital gains on the sale. Any suggestions for a way to structure the sale with owner f...