
9 December 2024 | 1 reply
Ask the title company or closing attorney.I would think that trying to move the ownership out of the inherited IRA or change the deed might be considered liquidating the IRA and trigger taxes.

10 December 2024 | 14 replies
It’s easy to find tenants, population/jobs are increasing, and property taxes/insurance aren’t skyrocketing.

9 December 2024 | 8 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

9 December 2024 | 2 replies
Indicative price around $1.1M, which would be a loss, with tax around 2% potentially 20k/year.

7 December 2024 | 4 replies
Since you have lived in the property for two out of the previous five years you could take the first $500k of the gain tax free (as a married couple).

7 December 2024 | 6 replies
For properties that are listed for auction and have no appraised value, these are tax lien auctions.

9 December 2024 | 4 replies
You’ll want to make sure the rental income comfortably covers the new mortgage, taxes, insurance, and any maintenance costs.

26 November 2024 | 13 replies
@Nathan M kieferI recommend that you get professional financial/tax advice.

9 December 2024 | 98 replies
If anyone thinks they will avoid taxes with bitcoin they are mistaken.

9 December 2024 | 10 replies
I’m not an attorney or CPA, so I’m not giving legal or tax advice, but I’ve watched clients navigate 1031 exchanges by leveraging well-connected property managers and specialized lenders who understood the local quirks.