All Forum Posts by: Greg D.

Ok, that makes sense. I will calculate the state tax expense and deduct the exact amount. 

I sold an investment property in 2015.  Maine withheld a 2.5% non-resident tax at closing.  Can this expense be deducted / added to the cost basis?

I am going to be renting a set of apartments soon that have new propane services that the tenant will be responsible for. All my other rentals have metered NG at the street. How should these tanks be handled?  Do I deliver them full and sell the propane to the tenant?  Buy leftover propane back from the tenant?

I like my NG units even more now..

I have only been the sole owner of rentals up until now. My first partnership (family) is going to be ready for rent soon. How should we be represented as the owner on the lease? Should both parties be named independently?

I would like both parties to have full management abilities (eg, rent collection, legal proceedings, etc).

Has anyone used this site? Have info on how up to date the files are? http://dockets.justia.com/

Seems to be a good resource for researching court filings in general.

I've heard about some tough situations with liens and brankruptcy filings.

Is there anything you do (or can do) to investigate bankruptcies before purchaing a lien?

I have come across a number of tax liens on properties that are in foreclosure. What happens to your lien when the property is foreclosed on?

Would you avoid these properties? Anything special to watch out for on these liens?

Anthony, get a Google Voice #. It's free and forwards to any land/mobile # you would like. It also allows you to setup business hours so calls will go directly to VM during certain hours. You block certain incoming #s too.

I give all my tenants a Google # instead of my personal one.

Text with a Google Voice #, it emails you all the texts and creates a great paper trail.

I created a new FB account (First_Middle name) that I "friend" all my tenants with. It's nice to have a heads up on parties, employment, and occasional pictures of the apartment.

Chrome is giving me a malware notice for http://taxlieninvestingpro.com Anyone experiencing the same?