• Login:
Welcome, Register Here
follow PropertyTalk on facebook follow PropertyTalk on twitter Newsletter follow PropertyTalk on LinkedIn follow PropertyTalk on facebook
Page 2 of 2 FirstFirst 1 2
Results 11 to 15 of 15
  1. #11
    Join Date
    Nov 2013
    Location
    USA
    Posts
    14

    Default

    The property tax rate is different for each country. You have to specify US. You have to pay twice a year. Means if your property's market value is $300,000 and your city's assessment ratio is 80% your property tax value would be: $300,000 x.80= $240,000 assessed value. You should purchase under an LLC.

  2. #12

    Default

    Rental agreement income is part of your income tax that you have to declare to whoever you pay income tax to in your country (if you pay income tax in the US, then the IRS). Rental agreement income can be offset by just about any expense you incur related to your rental investment property (property management costs, real estate taxes, insurance premiums, mortgage interest, etc).

  3. #13
    Join Date
    Jun 2013
    Location
    Memphis TN
    Posts
    141

    Default

    This is an old thread so probably doesn't matter but the above 2 posts are from trolls, their advice is incorrect. DO NOT TAKE ANY NOTICE OF IT. The USA is a beearch when it comes to tax. Get proper advice.

  4. #14
    Join Date
    Oct 2015
    Posts
    26

    Default

    The property tax is different for different country. It is depend on where you want live.Property taxes are paid through the Country Tax Collectors Office.In many state of USA,you can pay online.If you need a tax return, then you need an accountant.

  5. #15
    Join Date
    Dec 2015
    Posts
    8

    Default

    According to me, it is also depends that where are you living. Rental agreement income is part of your income tax that you have to declare to whoever you pay income tax to in your country. Rental agreement income can be offset by just about any expense you incur related to your rental investment property.


 

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Property Taxes
    By WilliamKing in forum Commercial Property (Asia)
    Replies: 7
    Last Post: 26-08-2015, 10:55 PM
  2. Tenants not paying on time and need to sell property
    By ccam26 in forum Property Management
    Replies: 13
    Last Post: 12-03-2015, 02:50 PM
  3. How to avoid paying taxes on capital gains?
    By junee in forum Property Investment (Oz)
    Replies: 0
    Last Post: 01-04-2011, 01:40 PM
  4. Property manager stopped paying
    By mike.green in forum Property Investment (NZ)
    Replies: 38
    Last Post: 13-12-2010, 06:23 PM
  5. Paying off the mortgage on a rental property?
    By arniew in forum Finance, legal and tax (NZ)
    Replies: 9
    Last Post: 31-07-2009, 08:08 PM
  6. Paying off mortgage to Property under LAQC
    By AndrewC in forum Property Investment (NZ)
    Replies: 29
    Last Post: 15-05-2009, 02:35 PM
  7. State Property Taxes, Capital Gains Tax: Reform Needed
    By Walter in forum Finance, legal and tax (Oz)
    Replies: 0
    Last Post: 20-04-2006, 11:06 AM
  8. Robust market sprouts apartments
    By fudosan in forum Property Investment (NZ)
    Replies: 0
    Last Post: 03-08-2005, 09:54 PM
  9. Taxes on Selling rental property for a gain for non resident
    By noz in forum Finance, legal and tax (NZ)
    Replies: 8
    Last Post: 25-01-2005, 11:59 AM
  10. Intent determines taxes on property sale profits
    By muppet in forum Finance, legal and tax (NZ)
    Replies: 1
    Last Post: 24-06-2004, 02:26 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •