
14 January 2025 | 1 reply
If you continue filing taxes jointly the income you realize from your separate property will still need to be explained and redacted, regardless of the type of entity holding the real estate.

2 February 2025 | 20 replies
I"m also seeing people doing STRs to get the tax benefits besides the higher cash flow.

15 January 2025 | 12 replies
I looked into this as well since I'm getting terribly bent over on my w-2 taxes.

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 | 11 replies
Selling and buying something else you want keep and doing a cost seg in would help with the tax burden probably better in this situation.

15 January 2025 | 3 replies
Another common practice for nationally sparse datasets such as tax data is aggregation.

18 January 2025 | 12 replies
- The percentage difference is the percentage the taxes will go up after you buy it.What do you mean by the property has HVAC AND boilers?

18 January 2025 | 6 replies
I would also share pros and cons of paying taxes on the windfall versus owner carry.

15 January 2025 | 10 replies
Any tips on finding reliable professionals in my area?

15 January 2025 | 24 replies
Thanks for readingDavid $250,000 tax-free?