
31 January 2025 | 5 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.

27 January 2025 | 23 replies
(I REALLY can’t stand state income taxes.

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.

2 February 2025 | 1 reply
Assuming this is an 8 cap neighborhood you'd have a ~$420-450k value within a year (unless property taxes are crazy high) when leases would renew since it'd be valued as a commercial building with the office space.

12 January 2025 | 8 replies
I’m in the 33% tax bracket through my real job and this could be a big difference in taxes owed if we sold the property?

24 January 2025 | 8 replies
It is my understanding that the new owner will have the house at the cost basis of my purchase price, for calculating capital gains taxes or depreciation.For gift tax purposes for you - FMV.For capital gain tax purposes for the recipient - your original basis/purchase price

14 January 2025 | 18 replies
During escrow converted it to a Roth and paid the taxes.

30 January 2025 | 2 replies
Some private lenders like the one I work with doesn't require appraisals on fix and flip/new construction loans and also doesn't require tax returns/W2s.

29 January 2025 | 0 replies
Many months of costly vacancy, local market rent & resale deteriation, special assessments, property taxes and maintanance fees suggest a quick sale would have been the wise thing to do 2 years ago.

1 February 2025 | 1 reply
Let's assume your expenses (mortgage, taxes, insurance, maintenance, vacancy, etc.) comes to a clean $600 and the property rents for $1,000.