I have just recently started buying properties at Georgia Tax Deed auctions. Most of my purchases have been properties with single family homes on them. In Georgia when you buy a property at the tax deed auction the t...
After setting up an S corp, can you leave money allotted to maintenance in the comapany and not take them as profits at the end of the year even if you never spent it? How much can you get away with averting for taxe...
Say i built 1, 50 unit condo property assesed @ 6mil after completion.
If the millage rate is @ about 10, doesnt this mean my taxes are 60k a year because I own the property?
Now say a profited 1mil because I sold al...
Hey Guys,I'm looking at bidding on a house at a Sheriff's sale on 8/28. Per extensive research on the property the mortgage that is being foreclosed on was taken out in 2004 for 106K. The court appraisal on the proper...
What are your thoughts on the 6 weeks Strategic Tax Savings Program from Keystone CPA? I read Amanda and Matt’s book volume 1 and it was eye opening for me. Am fairly new to real investments (only have one small ren...
I am a few months away from my 2 year anniversary living in my primary residence. I have rehabbed the home over that time and want to sell it without paying capital gains taxes. In order to take advantage of the tax b...
I am purchasing a new home. 5% of the new home will be my business office. Can I take a tax deduction for 5% of the total home purchase price or any portion of the price paid?
Is it possible to wholesale tax liens and hud if so how
This may be a stupid question but when searching through tax records I see lots of sales prices for $1. Does that mean the house sold for an undisclosed amount or maybe it was transfered, instead of sold? What does i...
I learned a little nugget of information today and thought I'd pass it along. So, as you may know, if you get a high water bill, and repair the reason for that water bill, you can get a hearing with the water departme...