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29 January 2025 | 7 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
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21 January 2025 | 5 replies
I will be lowering the asking price and seeing if that will help in the sale of these properties.
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26 January 2025 | 2 replies
Where to get the most recent and accurate data for things like:Unemployment dataPopulation growthJob diversity and top employers in the areaVacancy rates (eg huduser.org)Property taxes and jnsurance costsI saw bp pro and reventure and a bunch of other websites provide some of this data, but i wonder how accurate and recent it is.
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22 January 2025 | 4 replies
I really wanted to try finding a duplex that i could immediately rent out the lower half rather then buy a SFH and have a higher mortgage overallHow did you find this deal and how did you negotiate it?
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26 January 2025 | 2 replies
STR seems to have better tax benefits (in the right market) but is it worth it at a distance ???
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16 January 2025 | 6 replies
You will have to pay higher personal income tax rate, versus waitingtill after one year for lower Capital gain tax rates.
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27 January 2025 | 6 replies
To defer all tax you must purchase in total at least as much as your net sale.
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20 January 2025 | 62 replies
If you would like to show your tax returns or w2s then I can put you in a conventional loan because we are a conventional lender also.
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27 January 2025 | 5 replies
If 1031 is to be implemented it must be done on the property level.2. 1031 generally does not apply to IRAs since they are tax-exempt. 3.
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25 January 2025 | 12 replies
@Rebecca GonaBigger Pockets is a great place to find a tax accountant that specializes in short-term rentals.