The numbers usually just don't work after you factor in principle, interest, taxes, property insurance, as well as a maintenance reserve unless you somehow found a steal of a deal on the purchase price.A refi is simply a new loan where you are keeping your same house.  

@Will SifertI had someone reach out to me later about a tax lien they bought and wanted to know what to do, it was a strip of land that was essentially a useless parcel as it’s non buildable..

Thats what essentially happened even with mechanization, computerization and so on.

They’ll determine best route in how to essentially to pay the least amount in capital gains, should we sell, 1031, invest etc. being attorneys they can do a little more than CPA’s my research says. 

If the answer to all three is Yes, I buy.And let life unfold.I have NO IDEA what the ultimate return will be….NONE….And neither does any other investor if they are honest…..most crystal balls I find are broken.But if one acquires the property is a solid long term manner based on fundamental investing principles and is never forced to sell…History indicates the long term trajectory of price and rents are up.In my experience, real estate follows cycles……. 6 or 7 years of a bull market, 1 or 2 years down (though the up is always larger than the down), 1 or 2 years of flat which then sets the floor for the next run up.

Hi everyone,If you own rental property, it's essential to maximize your tax deductions.

Also your E&O insurance most likely does not cover you when you are a principle to the transaction.

I am looking for a platform that is cost effective, but allows me to track all the essentials, give owners access, and ease of accounting.

This is an essential tool for anyone buying a tenant-occupied property.

Your financial activities are essentially outsourced to another institution, which may have its own policies and vulnerabilities.What Can You Do?