Matt Tallent
How to split mortgage in QUIKBOOKS
Hey all,I have an accountant but I like to throw my general questions in here. I do my Quikbooks and just send to my accountant during tax season. I still have to split up all the payments for the mortgage in 2018. It...
Chad Duval
1031 Exchange: Primary Residence To Rental Property?
Hey all! I bought a primary residence about 10 months ago. After rehabbing the property, I've gained about $100k in value. Because I don't want to wait until the two year mark to sell (to avoid the capital gains tax),...
Jason Rosenblum
Underwriting property taxes multifamily
Hi all,
Am currently looking at a 256 unit property and trying to anticipate where property taxes will be after sale.
Can anyone help shed some light as to what to look for? the current assessed value of the propert...
Chris Sonnleitner
Tax lien question can I pay before it goes to auction?
There is a property that has tax liens on it that I am interested in.I know the address, how much is owed, etc etc...
Do I have to go to a tax auction in order to pay the past due taxes on it or can I pay them now so...
Jason Malabute
Wyandotte County, Kansas property tax
Does anybody know how property tax in Wyandotte County, Kansas is projected after acquisition of an apartment building ? I was wondering if you have a formula to calculate the projected property tax for properties in...
John Anderson
Accounting treatment for cash flow?
I am getting very strong cash flow, on a property that I fixed up last year. I am wondering whether the depreciation and the rehab costs can be used to offset this income? Yes, I am going to speak with a CPA, but want...
N/A N/A
Where do you bid?
Are you bidding on a website? Court House? Where do you go to bid on these sales?
THanks Jonathan
This was my first post! Yes!
John Tran
Tax Lien redemption period
Hello all,I want to look into tax lien sale and have a question regarding protecting your investment during redemption period.I am in Georgia. Here there is a 1 year redemption period during which I can't do anything...
Kim Livingstone
Trust beneficiaries taking dividends from rental property
I am looking for a little insight on this situation. We have a rental property that is in a land trust. Can beneficiaries take dividends from the rent? if not dividends, what are the beneficiaries options for taking ...
Andrew Giunta
How much do some expenses matter if you can write them off?
I could be wrong because the US tax code is very confusing, but how much do certain expenses like property tax, or property management fees matter if you can write them off? Im not sure if there is some sort of cap, b...