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14 January 2025 | 21 replies
Bigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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17 January 2025 | 17 replies
Make that rent payment out to you and pick up a roommate.
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19 January 2025 | 47 replies
Your payments are known.
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20 January 2025 | 3 replies
Where are your fixed rate notes at and their respective monthly PITIA payments ?
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22 January 2025 | 10 replies
Do you have a price range (or down payment target) and are you ok with some rehab or do you prefer turn key?
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13 January 2025 | 11 replies
Most long-term lenders will use an AMC to select the appraiser.
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21 January 2025 | 6 replies
Then if/when another good deal comes up, you can approach a lender and look at leveraging either of the properties in order to fund the down payment of the new property.
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24 January 2025 | 5 replies
If the business sells (it’s currently listed), the rent payments would stop, but I’d still own the property as an asset.
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17 January 2025 | 14 replies
One has no mortgage, their other has a HELOC for around $20k remaining and is coming to its 10year term that was established before placing with LLC.My predicament is how/best way to pull equity out of either property for a down payment for the 3 family that is valued around $450k.
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31 January 2025 | 10 replies
You could get most of your down payment back, or be able to pay off investors quickly.