All Forum Posts by: Angela Yan

Hi!  Just bought my Multi in 2018 and now just got my adjusted tax bill.  It went from $$$$ to $$,$$$.  Almost 2.5 folds.  I guess assessor went on purchased price of the property.  Anyone tried fighting this?  I was told by some not much they could do.  Thank god I pushed rents and forced some appreciation but there went all my profits.  Ouch!!! 

@Account Closed.  Hi, has anything improved with Stessa since you used it.  I am looking into it for myself.  

are there any other software out there that one can recommend. I am about to look for one myself and in the process still working on 2018 taxes so i mind as well jump onto a new one real soon.  thanks for your input. 

@Thomas Hayworth.  Thanks for the suggestion.  I had my accountant in mind as i try to make it as easy for them as possible and easy for me too.  At $600 per hour (my CPA), the more i do the more they can be more effective in what they can do for me.  

Hey there! True confession. Still haven't filed last years taxes yet. As i am about to do them, I mind as well transition to using a new app. Any recommendations for a RE investors with properties in several states that owns Multis and SFR and Short Term rentals?

@Calvin Thomasthanks. Will reach out to them. Would love to stay LLC but I went down the list of local banks and none of them will LLC so I wonder how does people Refinance from the BRRR?

Anyone out there can shine a light on obtaining a equity line of credit on properties that are in LLC? Most banks tend to not do this that i have contacted. Agents suggest that i put the property back into my name before applying. Is this how some of you are getting HELOCs from your investment properties? Or are you able to find lenders that would loan to LLCs but i am just not looking at the right lenders.

@Kevin Smith and @Bree Wijnaar.  Sorry it has been a few months since this thread.  I have been putting off buying in Tulum as I am heavy with an investment in Atlanta (Air Bnb).  However, on that note, just wondering how are your investments going? @Kevin Smith, did you start renting out your investment, if so doing well? Like your property manager? @Bree Wijnaar, buy anything yet?

My mom is planning on retirement and she wish to sell one of her properties to her long term tenants.  Anyone out there that has done this and if so where did you go to draft papers and to seek terms and advice? Is there a third party agency that specialize in something like this? The property is in Nebraska.  Thanks!

@Mike Lambert where is your plot? What area? Keep me posted.