So about a month ago I purchased a home at my local tax auction for 5500. I should be getting the deed any day now...at that point I will have to evict the homeowner. When I have the deed I can "take ownership of the ...
I just purchased a property through the NC Forsyth County Tax Sale. The sale has been confirmed and the property is in my name. Can anyone tell me what the steps to evict the previous owner in this situation would...
Should cash flow on a property be calculated after subtracting tax?Tax is high in Canada ~45%, so this makes a big difference.Thanks,Kaitie
High w2 earner and was wondering what would be savings i make on tax regarding rental income after all tax write off?for example I’d need to make 18 at work to equal 9k rental income.
So I calculated that with real...
Everyone says real estate is a tax haven, but I'm wondering exactly what people mean when they say that. In my analysis I see real estate income taxed at a lower rate than my W2 income, but not decreasing my overall t...
Hello everyone,
So i finished the flip and closed the transaction in 2020 while i started the flip in 2019. Now the property is sold, i want to dissolve the LLC.
How should i go about it? Also, how should i report ...
Hello Guys,We have the opportunity to help a person we know redeem its parents house that they lost at tax sale to an investor 8 months ago.Attorneys seem to say there is a way to file a petition at the courthouse, pa...
I’ve had my eye on a property for a few weeks now and called the county for info today. The current owner of the property currently lives more than 1,000 miles away. The last taxes that were paid were for 2016. An LLC...
Can anyone have some comments on the top story yesterday that Michael Cheng bought the whole street of Presidio Terrace of San Francisco TWO year ago in a tax sale?Now all residences challenge the sale and board of su...
My brother and I are set to attend our first tax sale and are expecting that we will need to obtain a quiet tittle if we purchase a property, thus the need for hiring a lawyer. The majority of properties we’re looking...