
11 February 2025 | 3 replies
There might be some confusion around the 60-day rollover rule which allows you to move money from one IRA/401k to another (both pre-tax and Roth).

19 January 2025 | 7 replies
I am in one of the higher tax brackets and could be saving around 40k~ a year on taxes with this.

11 February 2025 | 30 replies
although we bought about 6 years ago or so for 270 put 100k into it so you can do the math no debt .. hoa 400 we pay utls. 200 or so.. so 600 a month out of the 3500.. tax's about 1500 a year ( got to love Vegas taxs ) value today right at 600k.. so lets say we net about 33k a year on 370k cash .. so not bad little under 10% COC with an outstanding tenant one of the best I have ever had.PS given tenant quality we manage ourselves..

5 February 2025 | 29 replies
You are hopefully getting good cash flow, appreciation, mortgage paydown and tax benefits.

17 February 2025 | 10 replies
You will have to pay all the usual expenses associated with buying a property: transfer taxes, government fees, title company/attorney costs, as well as a "hammer fee" which goes to the auction house.In theory yes, you could win something for a few thousand dollars.

13 February 2025 | 15 replies
you just input the address and it import the information which has bedrooms, bathrooms, and square footage. just be careful with the insurance and property tax data.

17 February 2025 | 3 replies
One thing you will want to explore is the tax rate in the specific counties you are looking in.

3 February 2025 | 15 replies
It can still qualify if it's a fixer-upper, as long as the rental income from the property can cover the debt service.

18 February 2025 | 4 replies
Additionally, as a co-owner, he would directly benefit from any appreciation, tax deductions, and profits from the property.On the downside, being on the loan could impact his credit score, especially if there are any missed payments or financial issues.

14 February 2025 | 9 replies
Hard money lenders focus more on the property’s value rather than your personal debt to income ratio (which traditional banks use) allowing for quicker approval and funding.