
19 December 2024 | 15 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).

4 December 2024 | 8 replies
Jarreau,A public Adjuster takes over the handling of the claim on your behalf.

18 December 2024 | 25 replies
Did the book provide enough information to get started such as contracts, tax liability information?

19 December 2024 | 5 replies
To add to your excellent points, it’s also important to consider the tax implications of a 401k loan.

16 December 2024 | 6 replies
@Richard Benjamin Wilhite, @Bill B.makes some good points about loan terms and the strict identification rules for a 1031 exchange.I would add from a tax mitigation perspective that buying the largest property possible will give you the greatest amount of cost segregation possibility and at the lowest cost since it would be one study rather than several.

15 December 2024 | 8 replies
Lien, State Tax Lien, Fed Tax Lien.

17 December 2024 | 7 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.

18 December 2024 | 24 replies
We don't have the Midwest weather, high property tax, old homes, high insurance, high maintenance, or state income tax.

17 December 2024 | 1 reply
Details on the duplex:Price: $385kBuilt: 2012Size: 2674 sq ft (1333 each side). 2 story, 3B/2.5B each side w/ 1 car garage & driveway for both, fenced backyard both sides.Interest: 5.49%PITI: $2,698Current Rent: $1,350 but could be brought up to ~$1,600, maybe $1,700Yearly Property Tax: $8,340 (I don't pay any on my side while I live there so $4,170)Upgrades: Vinyl floor in kitchen of both units, new AC (central HVAC) on vacant unit, roof done 2016.

19 December 2024 | 3 replies
If you lived in the property you can sell it to capture the equity without paying taxes on those gains.