Now I can see some builders having an issue with comps.. but other than that its crazy to take these funds as income and then pay tax and plow it right back in.. 

Feel free to reach out anytime!

Hi All, any input on renovating a house and possible tax exemptions under an LLC?

.- Property Transfer Tax (Grunderwerbsteuer): 3.5-6.5%, depending on the region- Land Registration Fees: Approximately 0.5-1.5%.- Realtor Fees: As mentioned, these range from 3-7% of the purchase price, plus VAT.Benefits for Service Members- Equity Building: Owning property builds equity over time, providing long-term financial security.- Strong Rental Potential: If reassigned, you can rent the property out in Germany high-demand rental market.- Tax Advantages: Germany offers tax deductions for property owners, which can help offset some costs.Key TakeawaysService members have a unique opportunity to buy property in Germany with minimal upfront costs.

I paid tax on it and mowed it about every 5 years so maybe put 10k into over the years.. deductive reasoning suggested city does not build and full blown interchange to go to nowhere. 

Gene,Feel free to reach out and ask me any questions you want I am very familiar with DSCR.

And if you have any questions I can help with, feel free to reach out!

I own the property free and clear and i use the equity as part of my business line of credit.

Good luck with your investing and feel free to reach out if you have any questions or if you need any help underwriting a certain deal.  

The same thing you claim on your tax return for your properties.