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9 February 2025 | 2 replies
My wife and I have business income and our accountant can divide the income according to what would be the best for reducing tax liability.
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20 February 2025 | 1 reply
Otherwise they would have sold, taken the tax free cash and moved on.
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11 February 2025 | 20 replies
I work a lot with investors outside of the US from a tax perspective but from a mortgage perspective, as mentioned above hard money or DSCR is probably your best bet.
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26 February 2025 | 23 replies
@Kristin Vegas- You are going to need those invoices to be able to write off the repair expenses for tax purposes, so if this PM isn't willing to provide them, you should look for a PM that does.
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28 February 2025 | 2 replies
During the term of the contract, are the taxes the sellers responsibility, and should be factored into the payment?
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28 February 2025 | 0 replies
Prepare Your FinancialsCredit Score: Aim for 650+ for better loan options.Down Payment: Save 20% for traditional loans or explore alternatives with lower down payments.Debt-to-Income Ratio: Keep your ratio under 43% to increase your chances of approval.Income Proof: Have recent pay stubs and tax returns ready.3.
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28 February 2025 | 2 replies
Lower property prices, growing demand, and stable rental markets make them attractive, but be mindful of older housing stock, tenant-friendly laws, and property taxes.
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28 February 2025 | 2 replies
My son and I used to do tax deed and mortgage foreclosure recovery, and we were running through over 1,000 traces a month.
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11 February 2025 | 1 reply
Additionally, the property includes an outdoor swimming pool.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.
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25 February 2025 | 29 replies
Also don’t know your taxes there.