Sergio P Ramos
Would you purposely burn down a property? Crazy? Or not possible?
27 December 2024 | 21 replies
If its a volunteer fire company you may be able to donate the house to them for the purpose of training and get a tax deduction .
Oliver Oden
LLC Question - Do I include Co-Signers on LLC?
23 December 2024 | 4 replies
Shouldn't be any extra taxes involved.
Corey Davis
Operationalizing & Scaling
31 December 2024 | 5 replies
Prioritize properties with strong rental potential and set aside reserves to handle unexpected costs.Finally, familiarize yourself with tenant laws in your target market, especially in Portland, and consult a real estate-savvy CPA for tax efficiency and legal considerations.
Zach Fulton
Looking for some guidance on a portfolio Refi.
28 December 2024 | 3 replies
I put property taxes 6k/year on each(Even though that's way higher then what it actually is, but the county tax estimate says its around that much for each) and for insurance, I just put 1,100/year on each.If there's more info needed let me know.
Sat Palshetkar
First time real estate investor in Windsor
27 December 2024 | 4 replies
I wanted to share the numbers and want to make sense if it's a good deal for us according to what we are looking for.Price: $450k (agent said that we can get it down to $420k)2 Units (1 bedroom in each unit)Mortgage with 3 year fixed comes up to around $2.3kInsurance and tax is roughly $400Rent per unit is $1.4k so if we move out then total rent comes up to $2.8kThere's a detached ADU (garage) that can give us another $100-$150 if we rent it for storage and there's a scope of converting it into another unit later on.So currently rough calculation says that it can cashflow up to $300 per month.
Ryan K.
Inherited House: Renovate, Sell, or Wholesale?
29 December 2024 | 5 replies
How long will they have to cover property taxes etc for the decision they make?
Alex Silang
What drives you to aim to attain super wealth?
28 December 2024 | 23 replies
you have to also classify what do they do for a living those of us that are Real Estate Professionals and taxed as such to most its a lifestyle I know it is for me.
Claude Diehl
Sell a Solo 401K property with owner financing
23 December 2024 | 6 replies
@Claude Diehl,You don't need a CPA or tax expert here; this is a straightforward transaction.
Brett Riemensnider
Claiming Expenses on SMF During Tax Season
11 December 2024 | 6 replies
I am not a tax expert, but here are my thoughts.
John Marchefka
Rehabbing land INSTEAD of houses??
10 January 2025 | 13 replies
I target pre-existing, non-conforming lots that town assessors have deemed unbuildable either through a land use code or a very low tax assessment.