The letter states the status is valid through 2033, provided compliance is maintained.My technical question: When taking title, does the 'Change of Ownership' affidavit need to be filed with the county before funding, or is it standard practice for the title company to record it simultaneously with the deed?

Just curious before I file using a study with potentially "stretched" numbers.Cannot comment on costs.

This apartment is not producing any cash flow; rather I am paying additional $400-$500(including HOA and mortgage payment) from my pocket every month for last one year.

I am looking for a Real-estate tax professional in Bakersfield California 

Make sure that they are real estate savvy and ask referrals whether they’ll run scenario modeling before filing; also, sharing your asset type, state, and holding period will help the community recommend the right specialist faster.

What if your filing status changes?

If you hire someone uninsured (which highly likely implies unlicensed) to do work that requires any form or license or permitting, you may have issues if you or your end buyer has to file an insurance claim.

In some situations, especially when your properties are located in another state, you may only need to file a federal return, which makes working with a national firm even more practical.Even if you only own one or two properties, speaking with a CPA is still worthwhile.

Hey Chicago investors -
Quick technical question on the Cook County AHSAP (Class 9) incentive.
I am under contract on a 16-unit in Phoenix, IL, and we just received our formal approval letter from the Assessor reduc...

A well designed one bedroom may rent for less but it stays occupied and produces more revenue over time once vacancy and turnover are considered.