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29 December 2024 | 5 replies
How long will they have to cover property taxes etc for the decision they make?
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26 December 2024 | 7 replies
I hope you or someone is at least keeping an eye on your properties for break ins, squatters, roof leaks, temperature control, frozen pipes (if in cold climate), if you have a basement and sump pump goes out leading to water damage etc.I just talked to two investors in California that have let their properties sit vacant (no mortgages so paying property taxes and insurance).
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2 January 2025 | 15 replies
Also, we'll need to know what your other expenses will be (taxes, insurance, etc.).
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24 December 2024 | 2 replies
If you don’t pay the tax when you transfer the stock to them they’re going to owe the taxes on your gain and you haven’t really “paid them back”.
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28 December 2024 | 3 replies
I put property taxes 6k/year on each(Even though that's way higher then what it actually is, but the county tax estimate says its around that much for each) and for insurance, I just put 1,100/year on each.If there's more info needed let me know.
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27 December 2024 | 15 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
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27 December 2024 | 21 replies
If its a volunteer fire company you may be able to donate the house to them for the purpose of training and get a tax deduction .
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28 December 2024 | 23 replies
you have to also classify what do they do for a living those of us that are Real Estate Professionals and taxed as such to most its a lifestyle I know it is for me.
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10 January 2025 | 28 replies
But I also love the idea of investing in real-estate and utilizing its tax benefits I have read around 10 ish books or so and the one I am reading right now recommended this site I am looking for some advice of things I can do to either prep for an investment into real estate and or do right now.
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2 January 2025 | 13 replies
It is not cash flow positive at this time due to high interest rates and property taxes.