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6 February 2025 | 7 replies
I have hot tubs in the majority of my STR that I manage and always request my clients to get them.
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24 January 2025 | 11 replies
However, before you do so you should ensure that your revenue from rental income covers ALL your property expenses in the townhome, including mortgage, taxes, insurance, maintenance/repairs, vacancy, property management, etc...
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1 February 2025 | 2 replies
Potential solutions include federally backed loans with lower rates or tax incentives to help offset the cost of a new mortgage, encouraging these homeowners to sell to new owner-occupants.
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24 January 2025 | 0 replies
Rental income is subject to tax, but it is also possible to deduct many costs related to owning and maintaining rental property, including property management fees, repairs, and mortgage interest payments.Additionally, for those investors holding properties in Germany for the long-term, the country's capital gains tax law is attractive.
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4 February 2025 | 7 replies
if there is appreciation, but you wouldn’t sell your current home tax free and buy a neighboring home to rent out, (There by raising your cost basis for additional depreciation and lower capital gains tax.) then it probably doesn’t make a good rental property. .
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6 February 2025 | 16 replies
As someone else mentioned, insurance here is generally less costly than in Florida and other beach markets.
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27 January 2025 | 8 replies
I can recommend property management, realtor, vendors, if you need them.
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27 January 2025 | 8 replies
What are you hoping to get out of the extra time, work and costs of having the LLC?
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4 February 2025 | 17 replies
Unemployment was high but I had savings and managed to find work.