Changing the method of deduction might slightly alter your taxable income, leading to a small increase in taxes.Bottom Line: The slight increase in taxes could be due to how different deductions interact with your overall tax situation, even if the total deduction amount remains the same.2.Is It Worth Amending Previous Years’ Taxes to Change Purchases from Depreciation to Expenses to Avoid Future Depreciation Recapture?

Most of the 15-35% should be added to your reserves which is 75% of capex costs(you just fixed up so lower end), 2 tenant turns, 8 months vacanies, and 4 months lead time.

They even pitched that I run marketplace adds for my property and refer homeroom (and if a lead goes to another property in the end, I do not get any sort of compensation).

.- The property is not getting much traction as a turnkey, and your hard money loan is maturing soon.Here are some key things to consider:**Refinancing with a DSCR Loan:**- DSCR (Debt Service Coverage Ratio) loans are great for investors because they focus on the property's cash flow rather than your personal income.- Make sure the property appraises for the calculated ARV (After Repair Value) to get the best loan terms.- Consider the loan terms, interest rates, and any prepayment penalties.

Based on what you’re looking for—keeping business and personal finances separate—using a DSCR (Debt Service Coverage Ratio) loan might be a great fit for your situation.Here’s why DSCR loans could benefit you:LLC-Friendly: DSCR lenders typically allow the loan to be taken in the name of an LLC, so you can easily transfer the title to your LLC and keep the property separate from your personal finances.

However, the amount differs depending on the property type and lender.A minimum debt-to-income ratio of 45%: Real estate investors typically cannot allow their monthly debt to exceed 45% of their gross monthly income.In addition to the initial cost of the down payment, remember that it can affect your ongoing costs.

I’m currently working on 58 unit BTR development project and seeking one or two private debt investors to help fund it.

Harvey inherits everything that remains after Alfred’s debts are paid and the cost of administering his estate is paid.

I have been in the commercial investing scene since I started as an agent since I didn't want to buy in the same arena as my clients, so I have never had the luxury of 30-year fixed debt.

Property Update, a new property manager is in place who revamped our advertising, including new photos and has 4 leads and a pending application, all within 2 days.