
24 December 2024 | 13 replies
Many of these were lost in tax sales, and the ones that they got re-performing underwrote loan mods at low single digit interest rates during ZIRP and could not resell them at a profit once interest rates were hiked.

24 December 2024 | 9 replies
Expenses: What are the operating expenses, including taxes, insurance, maintenance, and reserves?

20 December 2024 | 0 replies
There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.

17 December 2024 | 22 replies
In my opinion, it almost felt like we had to chase and coax ABC Baltimore to get the money owed to us from the rental guarantee.

19 December 2024 | 5 replies
SECTION 8 ANALYSISSection 8 Rent permitted $1785.30Subtract Utility Allowance - 468.00 Actual Rent Charged $1317.30Subtract Mortgage - 500.00Subtract Prop Mgmt Fee - 131.73Subtract Taxes (20%) - 263.46Subtract 10% Vacancy - 131.73Subtract 10% Cap Ex - 131.73 CASHFLOW TO US $ 158.65STANDARD LEASE ANALYSISMonthly rent (asking amt

18 December 2024 | 4 replies
You may need to register as a foreign entity, file a tax return, and pay taxes in PA.

20 December 2024 | 1 reply
Here are the details of the property:Property Overview:Location: Texas2 lots, 2 warehouse buildingsFinancials:Mortgage: $4,897/month (balance: $530,000)Insurance: $830/monthProperty Tax: $1,800/monthBuilding 1:1 tenantRent: $7,570/month12,000 square feetBuilding 2:3 tenantsTenant 1: $2,850/month (5,000 square feet)Tenant 2: $1,793/month (2,500 square feet)Tenant 3: $895/month (1,250 square feet)The property was appraised for $2,200,000 three years ago.Given the current rental income and expenses, the cash flow is decent, but my family friend is looking to explore options that could potentially yield better returns.Would it make sense to:Sell the property outright and invest in higher cash-flow opportunities?

20 December 2024 | 28 replies
How much are you spending on tax filings, anderson advisors, banking and checking accounts per year?

19 December 2024 | 1 reply
Those records not only helped with tax filing but also guided future projects by showing what provided the best ROI.

19 December 2024 | 55 replies
The company making the offering must take reasonable steps to verify that an investor is accredited, which may include checking financial statements, tax returns, or receiving confirmation from a broker-dealer, attorney, or certified public accountant.These regulations reflect a balance between making capital more accessible for businesses and protecting investors from risks associated with unregistered securities.