Jason Mergl
Building a Team in Albany Area
14 January 2025 | 21 replies
Knows real estate tax write-offs and how I can best apply them!
Simone Montague-Jackson
Renting out my space
24 January 2025 | 0 replies
However, I’d like to have a space of my own before living with others again (I plan to house hack again with my next property).I’m seeking advice on how to move forward, as I need to consider things like utilities, taxes, landlord/umbrella insurance, and managing the property, especially with someone renting my garage.Specifically, I’m curious about renting out individual rooms and living on my own for a little while.
Carl Rowles
Rehab Financing Strategy Help
19 January 2025 | 10 replies
Whichever loan that you decide to use, the interest will be tax deductible due to interest tracing rules.
Amanda Lindsay
Is Rent Redi too good to be true?
19 January 2025 | 13 replies
It links to our business bank account and our business credit card so come tax time, deductions should be easier.
Kobe McDaniel
How to get Boomers to Sell
23 January 2025 | 2 replies
Your problem will be them incurring capital gains taxes simply so you can get a commission.
Arun Maheshwari
Investment property in Houston
22 January 2025 | 9 replies
To succeed, focus on properties in high-demand neighborhoods like Pecan Grove or Aliana, and ensure your cash flow analysis accounts for high property taxes, potential HOA restrictions, and flood insurance costs.
Rachel Jane
Rent or sell
20 January 2025 | 7 replies
If you can rent it for $2,000/month, after fees, taxes, and potential maintenance costs, you’d still make a decent passive income.
Mark Hu
Public auction for abandoned tenant property
25 January 2025 | 4 replies
There are auctions to sell cars, police auctions, tax impounded auctions, antique auctions, etc.
Wiley Hood
Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
This might make sense, but again, you are just deferring the taxes and now pushing tax from capital gains to ordinary income.
Erick Pena
Advice Needed: Identifying "Good Deals" in Real Estate Investing
20 January 2025 | 14 replies
Quote from @Erick Pena: A "good" rental property is one that covers all expenses (mortgage, taxes, insurance, maintenance, property management fees, and any other costs) and still leave a surplus (commonly referred to as cash flow).Calculate cash flow as: Cash Flow = Rental Income − Operating Expenses − DebtThere's much more to it, but that's the basic idea.