
22 January 2025 | 4 replies
Quote from @Edgar Duarte: hi allI would love to get some perspective from your expertise, we have a property that we would have to sell in 2025 to avoid paying taxes on the capital gains, we believe we rcan sell it for $700K and get an equity of almost $500K after paying the mortgage balance, if we invest all of it option in index funds at 7% rate (standard com growth calculator), or in more rental properties as we are all here for, I can get the equity of around $900K.option B would be keep paying the house at 2.3% int rate while we have it in AirBnB and maybe sell it in 10 years for $900K, knowing that we would be paying taxes but it is not that bad still. or we can 1031 at that point?

29 January 2025 | 8 replies
If you own this as a rental then there is not homestead exemption and you'll pay much higher tax rate than a resident/owner occupant in SC.

27 January 2025 | 29 replies
You don’t have to pay $20k+ to learn to broker loans.

24 January 2025 | 17 replies
Will it pay the full PITI plus Capex, management fees, maintenance etc?

27 January 2025 | 5 replies
But, the self-sufficiency test for FHA loans can be really difficult in SF, meaning that the market rent from units you will not occupy must be sufficient to pay for the mortgage payment.

29 January 2025 | 6 replies
Now, you need to figure out how to find deals and pay for them.

24 January 2025 | 6 replies
Quote from @Paul Lucenti: Would you rather have monthly cash flow or would you prefer a quick pay day after 3-6 months?

22 January 2025 | 4 replies
If you’re In a title state make proof of utility pay off a condition of closing.

28 January 2025 | 16 replies
If the tenant is claiming to be living in a hotel, she may try to get you to reimburse for that cost unless section 8 has a new process to reimburse them for this... which sounds absurd but I'll let you deduce whether or not you're dealing with someone who is used to paying for things out of their own pocket.

23 January 2025 | 16 replies
Now if I pass that income as management fees to S-corp, I pay $3.5K (SE tax) + $800 (LLC fee) + $1700 (CPA + bookkeeping) = $6K in total.