
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.

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?

29 January 2025 | 18 replies
The majority of investments is a game of "race to the bottom" and "who holds the cheaper debt" card.

13 February 2025 | 95 replies
This is down the alley of tax liens.Yes, deduct the lien from a sale price.

7 February 2025 | 9 replies
I reduced my responsibility to only taxes/insurance while the tenant buyer does the maintenance, pays utilities and makes monthly payments to me.

2 February 2025 | 20 replies
We’re trying to invest with a long term mindset with as little debt as possible.

2 February 2025 | 6 replies
I have family in Houston, Dallas, and the Valley, I was networking with brokers in San Antonio, but the Taxes seem to be quite high as well in that State, although much favorable laws/regs on the landlord side.

11 February 2025 | 1681 replies
Major repairs are done, taxes up to date.

27 January 2025 | 7 replies
. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.

25 January 2025 | 12 replies
@Rebecca GonaBigger Pockets is a great place to find a tax accountant that specializes in short-term rentals.