Also, I believe the tax benefits are horrible compared to the states, but I'm not too sure.

If all goes well, my monthly payments could drop about $60 from a tax reassessment in about six months.

If I have no mortgage the cash flow is more secure.

Do we 1st do tax on the LLC and whatever we split 50 & 50 then each claims on their taxes ?

Is taxes going to be higher today or higher in the future? 

Hi Steve, where did you get your property tax estimate from?

You have the ability to sell while limiting your capital gains tax because you lived in 2 of the last 5 years. 

That means creating a clear budget, forecasting cash flow, and maintaining a detailed financial model that tracks both the current and future performance of your portfolio.Tax Optimization & Risk ManagementBeyond financial clarity, strategic tax planning and risk management are essential to safeguard and grow your real estate investments.

Hi! I have a short term rental property. It's a 5th wheel located at a campground. It does not get moved. Will the RV be depreciated at 5 years or 27.5 years? I am unable to find anything giving me a for sure answer. ...

We don’t try further diversification by investing in residential mortgage loans, mortgage loans secured by property outside the U.S., loans not secured by real estate, or loans secured by farmland, recreational land, or oil and gas ,mining.