Category Archives: Commercial Property

What Affects Property Taxes And How Often To They Fluctuate?

We’re looking to buy a home in Michigan within the next month or so…if the property taxes for the previous years averaged around 3K a year…does this mean this will likely remain the case, give or take a few dollars? Can property taxes go up astronimically without warning?

How To Report Property Taxes On Tax Refund When Changed Property During The Year?

We sold our house and bought another one in the middle of the year. What property tax amount should i report on my income tax return? The full amount of taxes for the new property or should I report the pro-rated amount I gave the buyer of my old property and the amount paid on [...]

How Do You Turn A Commercial Property Into A Residential One?

If you buy a commercial property how do you go about getting residential status on it so you can live there? and what are the fee’s?
THANKS!

How Do I Buy Commercial Property Without The Seller Knowing My Identity?

I want to buy the business property I am currently in but do not want the seller to know that I am buying it. Long history that I won’t go in to, but the property is for sale, I do not want to move, but he won’t sell it to me. Someone suggested [...]

Gain From Disposition Of Commercial Property?

We sold Commercial Property on 2006. Are we supposed to sell the asset on form 4797 part III. THanks

House Conversion From A Commercial Property To A Residential?

Is it necessary for a property to have planning regulations if a converison of this type has happened in the past

When Buying A Commercial Property – Is It Usually Worse Financing Conditions Than Residential?

Hi,
Also, is it usually the same mortgage broker doing both residential and commercial or will i most likely have to work with a different mortgage broker than the one dealt with my residential purchases? THANKS.

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