
13 December 2024 | 15 replies
Any taxes or other issues that I may run into down the line?

17 December 2024 | 12 replies
As most investors seek to do in real estate, we want to generate positive passive income through multiple avenues such as equity, cash flow, and even tax advantages.

13 December 2024 | 6 replies
My question is this, can I deduct my passive losses that occurred in 2017 on my 2017 taxes or does it get rolled over to 2018 because my income is too high?

16 December 2024 | 21 replies
The very basics would be getting your furniture and shopping list together, keyless entry like Schlage (with backup lockbox with physical key very close as well), looking into insurance, local taxes for STRs, and moreAlot of ways to save time and make it easier to self manage with a property management software like Hospitable and data research like AirDNA.

17 December 2024 | 7 replies
Or stay a second year and sell tax free.

13 December 2024 | 7 replies
If the rate is reasonable then it may make sense to try to save fast to get to the 3.5% down payment on a double or triple - househacking may allow you to increase your savings rate and pay down that loan even faster.As for estimating costs, closing in NY factor at least 1% of the mortgage amount for tax, plus $1500-2000 for lawyer, title and fees, then the amount required by the bank for escrow will depend on the actual property taxes and insurance.

15 December 2024 | 2 replies
I know how much my property taxes will be, but what other expenses are there, and approximate cost?

16 December 2024 | 9 replies
Have a good CPA to help come tax time.

15 December 2024 | 30 replies
My property tax increases have been 17% for both homes (no Proposition 13 like in CA with our max of 2% increase).

12 December 2024 | 6 replies
Double taxation would be when you have to pay US income tax and then also Canada income tax and you don't receive a credit for your US income taxes.