
16 January 2025 | 7 replies
(It doesn’t pay its own taxes.

17 January 2025 | 6 replies
u can see these homes on my website. also if there is any way to manage it.. if you can figure out how to get paid as a WA resident you will enjoy the same no income tax status you enjoy now..

28 January 2025 | 15 replies
Creative financing can help sellers make more money, solve pain points, gets them the money they need, and help them avoid a high tax bill.

15 January 2025 | 18 replies
Not that I'm a proponent of borrowing just for a tax break, but the interest is a deductible expense.

19 January 2025 | 18 replies
Since it’s a new build, I was able to negotiate some great perks, like a 5.875% interest rate, no closing costs, a fridge, blinds, and even a backyard firepit.Pros:Good school districtLow interest rateMinimal CapEx and repairs (because it’s a new build)Low insuranceHigh-quality tenants (due to the school district and being a new build)Cons:Lots of new builds in the area, which could drive down prices and increase vacanciesThe Numbers:Price: $290KInterest Rate: 5.875%Down Payment: 25%Monthly Mortgage + Insurance + Taxes + HOA: $1,480 (I got really low insurance since it’s a new build and Alabama’s property taxes are low)Property Management: 10%Rent: $1,800 (this is under market because I wanted to rent it quickly—most units in the area were sitting vacant for 100+ days.

15 January 2025 | 39 replies
A HYSA pays 4.5-5%(before rates went down) pre-tax, 3% net tax if you're a high earner.

21 January 2025 | 18 replies
Additionally, most servicers will provide the tax documents needed at end of year (1099-INT, 1098-INT) and can also issue notices of NSF, late payments and support delinquency /default.

21 January 2025 | 4 replies
Property taxes are 2% instead of 1% for landlords as a general rule (some districts may be slightly higher).

22 January 2025 | 12 replies
You can take any proceeds tax free and roll into a different investment.

29 January 2025 | 22 replies
These properties can appreciate in value and offer tax benefits like depreciation and mortgage interest deductions while financing terms are often favorable.