Andy Wang
Should I sell my note? 1.2M @ 8.5% for 4.5 yrs
27 January 2025 | 7 replies
Maybe half upfront and reduce the rate of interest on the balance..
Rafael Valdor
Renting out my townhouse: DIY vs. PM vs. Realtor
11 January 2025 | 14 replies
This level of scrutiny drastically reduces the risk of renting to unreliable tenants.Realtors vs.
Ryan Broschard
Property Tax Increase - Fort Mill, SC (Lancaster County)
23 January 2025 | 2 replies
You can likely see where a 5% reduction in your taxes isn't going to do much to reduce your bill.
Lisa Oliver
Best advice for finding plumbers, handymen
21 January 2025 | 10 replies
I have some clients who prefer to have a PM for maintenance/contact/rent collection/general management and will place tenants and write leases for themselves in exchange for a reduced rate.
Michael Overall
Utilities and Interest during remodel Basis or year deduction
21 January 2025 | 10 replies
Once in service, expenses become deductible, reducing taxable rental income.This post does not create a CPA-Client relationship.
Jamie Parker
Vacant Lot Purchase
8 January 2025 | 7 replies
Also with plans to reduce industrial "intensity" in and around residential areas.
Jacob Anderson
Is it foolish to use a HELOC for a down payment on a rental property?
6 January 2025 | 11 replies
This would obviously reduce my cash flow on both properties, as I would be paying the minimum HELOC payment plus extra towards the principal to pay it off quickly.
Tyler Kesling
HELOC / Lease to Own
13 January 2025 | 2 replies
Use your HELOC to purchase the duplex outright for $118K.Your brother’s $50K down payment can immediately go toward reducing your HELOC balance, leaving a remaining balance of $68K.Create a formal lease-to-own agreement with your brother.
Kevin M.
Condo Investment in NYC
7 January 2025 | 12 replies
Using a 1031 to upgrade to a two-family could help you reduce or eliminate the $1,000 out-of-pocket expense you’re paying now.Also, condos often come with HOA fees that limit cash flow, so be mindful of their impact.
Pamela Rivas
Can foreigners buy Real Estate in Mexico? Legal process explained!
23 January 2025 | 5 replies
This means you can sell, lease, or pass on the property as you see fit, just like any other property owner.Full Ownership RightsYou have the same rights as a Mexican property owner, including the ability to sell, lease, transfer, or mortgage the propertyLegal SecurityThe Bank Trust is a well-established legal mechanism in Mexico, ensuring your investment is secure and protected under Mexican law.Renewable TermsThe trust is set up for 50 years and can be renewed indefinitely, allowing you and future generations to maintain control over the property.Estate PlanningThe trust makes it easier to pass the property on to heirs, simplifying the inheritance process and reducing potential legal complications.Although the process might initially seem complex, it is entirely managed and supervised by a reputable banking entity.