
25 February 2025 | 29 replies
Also don’t know your taxes there.

26 February 2025 | 2 replies
These two loan types are among the few exceptions that permit closing directly in the name of an LLC.Most of my clients initially take title in their own name, then later transfer the property into an LLC or land trust for asset protection or tax benefits.

22 February 2025 | 0 replies
There are monthly mortgage, taxes, HOA dues and insurance expenses each month, however this still generates great cash flow every month.

17 February 2025 | 7 replies
My name and my daughter’s name(s) are also in title and the loan.I have really good equity in both properties (six figure) with great interest rates.At some point my daughters and their husbands will move out to upgrade to something bigger.I want to turn these properties into investment properties after my daughters move out: thinking the best way is to convert in my name only.Also considering leveraging the equity in the properties to help buy new homes/townhomes for my daughters when they are ready as well.Wondering what the best strategies would be for me to expand property portfolio, minimize tax impact , create more passive income while continuing to help my family grow.I appreciate any advice!

26 February 2025 | 11 replies
Once you retire the title and place a mobile home on its own lot then our county taxes as real property and we pay property taxes like a stick built home vs a mobile home in a mobile home park which is taxed like a car - vehicle tag.4.

3 March 2025 | 6 replies
Those are pretty decent numbers.Remember property taxes get re-evaluated every year and can go up every year AND they are kinda high relative to other states.Neighborhoods matter.

25 January 2025 | 2 replies
He's a CPA with a focus on strategic tax planning.

6 March 2025 | 5 replies
Thus, the realistic options are 1031 to DSTs or sell, pay tax, and invest in marketable securities!?

18 February 2025 | 17 replies
Yes, property taxes are higher for investors but not terrible.

6 March 2025 | 17 replies
I know some of them personally and can vouch for them.One thing to reiterate, it's crucial for REIs to work with bookkeepers, tax pros, CFOs, etc who specialize in the REI industry (most of us are REIs ourselves as well).