Derek Harville
Grandmother wants to leave/give me trailer! Help!
4 February 2025 | 4 replies
Most larger windows are an odd (old) size and solid pane and do not open.
Chris Blackburn
Tax credit 45L for a 90 unit or 112 unit project? What should it cost?
22 January 2025 | 1 reply
This could cost around $500 to $1,500 per unit, depending on the size and complexity of the project.Certifications: There may be additional costs for certifications (such as HERS ratings) or third-party testing to verify the energy efficiency of each unit.For a 90-unit project, you could be looking at costs in the range of:$45,000 to $135,000 for energy modeling and certification (depending on the cost per unit).For a 112-unit project, the costs would likely be:$56,000 to $168,000 for similar services.Tax Credit Calculation:If you meet the energy standards, you can claim up to $2,000 per unit.
Karolina Powell
Pittsburgh area - 4 small deals - what would you pay?
2 February 2025 | 1 reply
So not really a one sized fits all approach which is the nice thing about real estate being able to cater it to yourself and your goals.
Ryan Roth
$20k to invest
4 February 2025 | 13 replies
Long term money, you could invest into a taxable account so you have access to it whenever you want.
Natasha Rooney
Fideicomisos VS. Mexican Corporation for STR in Mexico
29 January 2025 | 3 replies
Quote from @Pamela Rivas: Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.
Yaroslav Shtogun
Lot split with house on the line
20 January 2025 | 16 replies
(ie, lot size, variances, easements etc)They've been very helpful to me over the years.
Charles Evans
What Paperwork Should I Be Keeping Record Of?
29 January 2025 | 9 replies
To make taxes easier we set up a business checking account and had all the rent paid into that account and all the expenses paid out of that account.
Joshua Martin
Forced Equity Cash out
31 January 2025 | 6 replies
That higher interest will be a lower cost than the closing costs for the refinance so a net gain (depending on your new loan size).
Justin Smith
First Residential Rental
4 February 2025 | 11 replies
Market rate is $1100 on the same street for the same style, size, and age of house.The tenant has been there for 25 years and has also worked as a handyman for the landlord on various properties, so the current owner has asked me to keep him there for at least the next year before raising rents.Property taxes from 2023 are just north of $2000.Based on this Deal Calculator it should cashflow month 1.My questions:1.
Gary Green
Suggestions for saving for first investment property
25 January 2025 | 1 reply
[1] You might want to think about opening 2 FDIC insured savings accounts that have no fees.