
9 December 2024 | 2 replies
.✅ Investors - Keep detailed records of ALL rental property expenses to reduce your taxable income - helping your CPA spot additional tax saving opportunities.Imperative to use a CPA who is well versed in Real Estate tax code.My CPA is just that - DM me to get his contact information....

13 December 2024 | 6 replies
I’m POSITIVE you aren’t saying they are reporting non-payment when you are paying.

18 December 2024 | 13 replies
There are a few areas (like mine) where a closet is considered a requirement, but it isn't actually a major thing across the country.Having said all that, I don't think a non-qualifying bedroom can't be listed as a bedroom in the listings on VRBO and AirBNB.

15 December 2024 | 9 replies
But they are working hard to try and make the permits non-transferable.

8 December 2024 | 26 replies
There is much confusion about the 4% and 6% in property taxes.Non owner occupied property is taxed at 6% of the value to get the taxable value.This does NOT mean your actual property tax is 6% of the purchase price for rental property,In reality property taxes are about 2% of the purchase price for rental properties and about 1% of the purchase price for owner occupied properties.Google Greenville County Property Tax estimator and play with it and get a sense of how it works.3.

17 December 2024 | 27 replies
Lenders will allow parents to be a non-occupying co-borrower on a home your college student plans to live in.

17 December 2024 | 6 replies
You need to look at return on equity, how much cash flow can be generated putting your equity to work vs the cash flow this property will produce.

13 December 2024 | 2 replies
VA Loan Assumptions and EligibilityAssumption by Individuals: VA loans can be assumed by both veterans and non-veterans, but the assumption must generally be completed by an individual—not an entity.

18 December 2024 | 9 replies
If so, then I would return the portion of the security deposit to the one leaving and collect that same amount from the one staying.

19 December 2024 | 13 replies
Even with multiple units, with current interest rates and a competitive market (prices have continued to rise even with higher interest rates) think the Madison market is a stronger long term ownership strategy, where the bulk of your return will come when you sell from appreciation in rents and property value.