I received a letter from the HOA about a violation of the rules - there is an oil spill in the property driveway.

Is there a financial calculator to determine if doing a cash out refi makes financial sense with today's rates to use for down payment and or purchase property?

The average sale time decreased by 23.3%, indicating a quick turnover which is beneficial for investors looking for liquidity​​.Property Analysis:Rental income potential: $2,500 - $2,900 per unit, totaling $5,000 - $5,800 per month.Rental Strategy: With the high demand for rentals in the area, this property could generate a steady rental income.

I had desisted of the idea of house hacking due to the fact that most small multifamily properties are  the most desirable areas(based on my experience).

Perfect your craft over time and learn to manage.   

We carry a partial contract on my husbands property and it's worked nicely without the headache of renting.

I'm interested in buying a multi-family property in New York for a reasonable price.

Whether you're looking to continue generating income or upgrade to meet market rents, this well-maintained property offers both flexibility and value.

It allows a substantial portion of the asset's cost to be deducted in the first year of service.In 2023, the bonus depreciation rate is 80%.In 2024, it decreases to 60%.In 2025, the rate further reduces to 40%.COST SEGREGATION:Cost segregation involves dividing a property into its individual components for tax purposes.Some parts age faster, like carpets or paint.Your CPA can use this info to more accurately depreciate elements of your property leading to potential tax savings.BASIS:Your basis is the initial price that you paid for your property, including any expenses or improvements.Knowing your basis is crucial for tax purposes, as it's used to evaluate depreciation & determine the capital gains or losses if/when your property sells.LAND VALUE:This is how much your land is worth without any buildings or improvements.Land doesn't get old like buildings, so you can't depreciate it.

You just filled in and registered to the country clerk.Title companies won't accept to transfer the property without using a warranty deed, because they can't insure the title, but that will come when your parents sell the property and at that moment your parents will create a warranty deed to the new owners.