Many banks handling tax escrow accounts for mortgages have mistakenly thought there was one tax due twice/year or totally missed one of the taxes.Investors should research the SEV and the Non-Homestead property tax millage rates to project what the property taxes will be after adjustment.

You’re taxed on the sales price less adjusted cost basis (basis less depreciation), not taxed on the proceeds from the sale.

I believe these systems only work if you have good employees, in which case a bonus is unnecessary.I provide strong compensation, some benefits like 401k, growth opportunities, and a strong work culture.

One of my early properties barely broke even, but after a couple of years, rent hikes and expense optimization turned it into a strong performer.For cash flow benchmarks, I usually aim for $200-$300 per unit, but your situation.. house hacking.. offers unique benefits like reduced living expenses and quicker equity buildup.

Your net gain is your net sale, minus your adjust cost basis.

Quote from @Karen Smith: Quote from @Jay Hinrichs: well have been a PML HML since the late 80s. benefits are:1.

So for the Comps you make to arrive at your ARV something that jumped out at me was the adjustments.

It will familiarize you with the basic terminology and benefits.

As a former adjuster and fellow Dallas investor, I’ve seen this often.

also if the landlord becomes responsible for utilities would i be able to adjust the rent??