Garry Lawrence
19-Year-Old Closing on First Rental Property – Seeking Advice!
11 January 2025 | 12 replies
Age: I think it will but you can minimize it by being knowledgeable, professional, confident, and fair.
Tom Miller
The city wants to buy my property
8 January 2025 | 7 replies
Also what does the city say is the assessed value of the property on your taxes (it will be different than the appraised value, but should give you an idea).
Travis Boyd
How effective can MTR be with small multifamily properties?
7 January 2025 | 16 replies
Quote from @Miguel Del Mazo: We have 3 2/1 condos in our portfolio that attract traveling professionals (medical or otherwise) and a triplex that we essentially BRRR'd down to the studs.
Laura S.
Advice for 1st time landlord evaluating applicant
6 January 2025 | 5 replies
Are they professional in their interactions?
Shaheen Ahmed
Property taxes on rentals
18 December 2024 | 15 replies
Many banks handling tax escrow accounts for mortgages have mistakenly thought there was one tax due twice/year or totally missed one of the taxes.Investors should research the SEV and the Non-Homestead property tax millage rates to project what the property taxes will be after adjustment.
Denise Lang
Starting our investing journey. But how to that that out of my home state?
2 January 2025 | 36 replies
Be aware of tax implications: rental income is taxed in the property’s state and reported on your California return, with deductions for travel, depreciation, and expenses.
S.V. Bennett
Professional Artist & Lost Entrepreneur
19 December 2024 | 2 replies
Hello & Happy Holidays to all! I'm a new member of not only this community here, but also the "FU Money" community lol. But Im heavily lacking true mentorship to take me to my intended goal of reaching the financi...
Muhammad Kashif
Ways to optimize taxes on new investment construction (built for sale)
13 December 2024 | 4 replies
Then you can do a 1031 exchange or sell it at a lower tax rate.
Alex Messner
Purchasing first home (with debt)
8 January 2025 | 9 replies
If you think you can manage a mortgage, taxes, insurance and the upkeep of a home while paying your student loans then buying is not bad idea but if you think you will overstretch yourself renting is nto bad either.
Thomas Farrell
BRRRR with ~400k Capital
11 January 2025 | 15 replies
Use tax benefits like depreciation, repair deductions, and tax-free refinance proceeds to offset income, and consider an LLC for liability protection.