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19 January 2025 | 10 replies
The property tax is higher than other markets, but generally, the numbers still work.
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17 January 2025 | 7 replies
A couple developers we work with skip LIHTC and the tax credits and go the route of impact funds to help alongside other debt and sometimes equity.
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21 January 2025 | 5 replies
The data they pull from the tax records on how much a home last sold for, often not updated, or completely wrong.
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17 January 2025 | 22 replies
(This is the tip of the iceberg; I would prefer to chat with members than fire lengthy messages back and forth.)1.
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16 January 2025 | 6 replies
One caution when using crypto to acquire property is being aware the tax ramifications are identical to if you converted to cash first.
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16 February 2025 | 29 replies
A real basic guess is 30 houses each cashflowing $1,000/month.In Metro Detroit, this means $1500+ in rent, with the difference convering taxes, insurance, maintenance and vacancy - NO MORTGAGE!
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21 January 2025 | 2 replies
Low barrier to entry, low taxes, landlord friendly, some amazing class A and B suburbs and a strong urban core.
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15 January 2025 | 8 replies
Happy to connect if anyone has questions or wants tips/tricks for the software!
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15 January 2025 | 13 replies
What's even more frustrating than asking the IRS help desk, is asking a Turbo Tax "Tax Specialist".
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3 January 2025 | 4 replies
@Nicole GrazianoI recommend that you have a consultation with a real estate tax accountant regarding your taxes.Bigger Pockets is a great place to find a real estate tax accountant.