Quick Property sale » Property Tax

how to avoid rental property sale tax?

admin — Sat, 22 May 2010 20:17:54 +0000

I have a rental property which was converted from my primary residence. I plan to rent it out for a long time. So by the time that I want to sell it (probably many years later), can I move back to the house to converted it back to primary residence to avoid the tax? can I just leave it empty (noy move in it) for 2 years to avoid the tax?

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What are the bandings for property tax in america?

admin — Sun, 28 Mar 2010 17:55:31 +0000

Thinking of buying a holiday home in america seeing as how its property market is crashing . I just wanted to find out about the taxes i would have to pay …. what % for say a $250k-500k property in New Hampshire …..?
Just tell me how much you pay in your state for your property and the value of your property and I am sure i can work the rest out myself thanks ….=]

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Back property taxes and tax sale question?

admin — Fri, 29 Jan 2010 08:48:06 +0000

I own my own house in which I live. I also own a very small piece of property with a small cottage on it in the next town over but within the same county. I used to use it as a weekend getaway. The taxes on it are higher annually then the home in which I live. In addition, I owe back property taxes on the cottage property and I can’t afford to pay them right now. I’m also not in the position to rent out the property for income and although I have tried for the past two years, I have not been able to sell the property either. Maintaining the property and lawn is getting harder too. My question is this; if I were to let the property go to the county for a tax sale and someone buys it for pennies on the dollar…am I then responsible for the remainder of the property taxes for that property? If so, can that affect the property taxes on my home…could they add that debt to my home property taxes? Also, if I would be responsible for the remainder of the property taxes, can I file chapter 7 bankruptcy to eliminate that debt? Thank you.
Additionally, I live in New York State…if that makes a difference.

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I bought a property in a city tax sale. Can I legally collect collect rent from the tenants?

admin — Tue, 26 Jan 2010 22:48:24 +0000

Bought property in a new orleans tax sale. I am in doubt as to my legal rights to collect rent from the current tenants , as well as how to serve notice that I must receive said rent. May I make renovations under these terms on an occupied residence.

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how to avoid rental property sale tax? I have a rental property which was converted from my primary residence. I plan to rent it out for a long time. So by the time that I want...
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How much should I expect to pay monthly on a mortgage plus property taxes?

admin — Mon, 29 Jun 2009 10:19:21 +0000

Imagine as an example that the home is valued at $300,000 and my down payment is $30,000 (10%). What would the monthly mortgage payment plus (monthly) property taxes be? If the location would affect the property tax, then please answer with a range. Thanks.

Rent Back Fast

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claiming the house in 2008 if my name is not on the mortgage, but property tax?

admin — Fri, 24 Apr 2009 06:39:26 +0000

hi everyone! i want to know if i can claim the house this year if my name is not on the mortgage but on the property tax? my brother’s name is on the mortgage, but BOTH our names are on the property tax. he will NOT be claiming, because he said i can claim it. so, can i? and yes, i have paid more than half the mortgage since last june and i paid all the property tax this past year.

Sell and Rent Back

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