
11 December 2024 | 5 replies
The tricky part of illinois can be the property taxes.

10 December 2024 | 1 reply
Here is an article i found with a simple google search: about $5000 but i thought quiet title in georgia was actually higher.Tax Deed Services For Owners of Tax Deeds - Gomez & Golomb LLC

16 December 2024 | 12 replies
The ideal home price for you will depend on: 1) downpayment size 2) risk appetite, 3) preference for more cash flow or appreciation.Given our price points, our investors need to have 35-45K to start, on average.The typical cash-on-cash return on our properties net of loan payments, insurance, taxes, and property management fees is 6-8%.Ultimately, you can obtain financing from any lender, although we have partner lenders that can provide very competitive rates.

9 December 2024 | 11 replies
As mentioned the main downside to using a SDIRA to purchase properties is you get no tax benefit upside (depreciation) and have to pay taxes on UDFI.

16 December 2024 | 23 replies
And you still get the same benefits in terms of tax benefits (depreciation is a beautiful thing), rental profits, principal paydown and appreciation.

10 December 2024 | 1 reply
Active = Income earned from Material Participation.Whether that's SMB, W-2, contract income, or prof real estate.This is income where ordinary tax is paid and losses offset other income.

11 December 2024 | 2 replies
Generally, the properties that benefit the most from a cost segregation study are properties that are remodeled, expanded, purchased or constructed after 1987, the year in which the Investment Tax Credit was enacted.

10 December 2024 | 2 replies
You will also have a credit on statement for pro-rated taxes due to buyer.

10 December 2024 | 11 replies
@Wiey Underwood Prior to pulling the trigger on a Cost Seg study, you should evaluate 2 things:1 - How much net additional deprecation tax deductions a Cost Seg study would provide: Best way to get this is by requesting a free feasibility analysis from a Cost Seg provider.

10 December 2024 | 0 replies
The $450K will be returned to me as payback of my loan to the intermediary, without trigger any capital gain taxes, right?