15 January 2025 | 5 replies
Quote from @Samuel Hudson: Hello friends I am new the market and recently bought a home in Weehawken 6 months backs .Its a three family home and we are currently doing renovations Right now.The rent leveling board told me that two units would have to follow a rent of 1650 for unit 1 which has three bedrooms and another unknown amount for unit 2 which they don’t have the information for .The previous seller I purchased the property from bought it as a tax lien .He has kept the property vacant for two years with no tenants before selling it to me .However ,the previous Owner he bought it from must have had tenants .I am putting in a lot of money into renovations and want some clarity on the situation I am in .The property has been vacant for the two years and currently still is as we are doing renovation .It would be really appreciated if anyone can assist me on what information needs to be provided by from the previous seller for me to be able to set the rent based on the market value .Thank you .

12 January 2025 | 8 replies
Dig deep into tax strategy, tax efficiency, etc Learn about estate planning.

9 January 2025 | 107 replies
If anyone on here is good with google docs, I could use some tips.

13 January 2025 | 6 replies
From tax stand point I would think you can separate from primary and be okay with IRS being that IRS will not be local code enforcement.

16 January 2025 | 1 reply
Payments $492 (interest, tax, insurance) currently owe $51K.

16 January 2025 | 15 replies
Rents may be high, but where are taxes and insurance.

5 February 2025 | 38 replies
The SEC claims Fossum misappropriated hundreds of thousands of dollars from the funds by living rent-free in a fund-owned home and having the funds pay for extensive international travel and his federal taxes.

31 December 2024 | 14 replies
Paging @Garrett Brown our resident STR specialist - what say you about tips for lead photos on listings??

8 January 2025 | 2 replies
It's a tip I heard from someone which I heard increases the response rate.
13 January 2025 | 7 replies
If you decide to sell and find an investment property with a greater cash flow potential.A 1031 exchange would allow you to indefinitely all of the tax and use it to your advantage to reinvest into larger nicer property/properties.