Jonathan Greene
What are your real estate investing goals for 2025?
30 December 2024 | 103 replies
I'm curious about this. i have most of my rentals in Maryland (Baltimore County) and evictions are not extremely complicated AFAIK,I don't want to hijack this thread with a lot of bellyaching so I'll DM you the story if you care to hear it.
Hector Espinosa
Seller Financing Advantages and Disadvantages
10 December 2024 | 5 replies
Quote from @Hector Espinosa: Hi,I'm negotiating a seller financing deal which may be my first one and would like to ask for some advise about and what are advantages and disadvantages about seller financing deals.These are the seller financing terms:House Price: $330,000.00 USD (Sellers still owe ~$301,000 USD)Down Payment: 5% = $16,500 USDLoan Amount: $313, 500 (Monthly payments will be amortized as a 30 years loan)Interest Rate: 4.531%Balloon Loan Term: 5 YearsMonthly Payment (P&I): $1,594.24Closing Costs: ~$3300 Zip Code: 74105Observations: * HVAC requires an update but pending to inspection (replacing with a new one will cost ~$10,000 - $15,000 USD ) * Expected Rent Income: $2,000- $2,300 but this is has been really complicated to get a good estimate because is all over the place in the different sites I have checked
Birinder Singh
Advice on barment / foreclosure process
10 December 2024 | 1 reply
(In the simple / non complicated scenario)- time ranges - in the best / simple case scenario how long should I expect this process to take?
Michael Plaks
EXPLAINED: can I apply "STR loophole" strategy in December?
11 December 2024 | 15 replies
Save for some unusual complications, you seemingly met all the conditions for your tax benefits.Now, to traps and gotchas.Trap 1.
Allen L.
I need loan options for primary residence
16 December 2024 | 19 replies
Trying to get an owner occ loan was a chore ended up getting it done but what a pain.. owner occ underwriters are used to very simple tax returns and when you have more complicated ones it just takes longer..
John Williams
Downside of the 1% rule...
23 December 2024 | 34 replies
They are rules of thumb we use to function day to day because the FACTS are too needlessly complicated to use to make every decision in life.
Travis Smock
Cost Segregation Questions - Newly Aquired Property
13 December 2024 | 7 replies
That’s a good plan. 1031 is a bit complicated but you can continue to roll cost segregation benefits forward
Scott Esmail
Double taxation for foreign nationals ( Canadian investor)
12 December 2024 | 6 replies
Cross border taxation is very complicated, most developed countries like the US and Canada have sophisticated systems to ensure their residents pay taxes, and you are not likely to be able to achieve your goal of not paying Canadian taxes on Florida income while a Canadian resident.
Javier Molina
Mildly complex structuring for multiple properties. (LLC, Trusts, Multi-state)
12 December 2024 | 12 replies
Is there a reason that you need such a complicated structure?
Shaheen Ahmed
Property taxes on rentals
18 December 2024 | 15 replies
@Shaheen Ahmed you can find all the info you need online if you know where to look - except that the City of Detroit Assessor's Office is consistently undervaluing properties to keep property taxes attractive for investors - to keep improving the city:)Here's some copy & paste infor for Michigan Property Taxes that you might be able to use as a template for other areas - or you could start investing in Detroit:)----------------------------------------------------------------------------------------------------Michigan has some of the most complicated property taxes in the USA.