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16 January 2025 | 11 replies
The total cost for this monthly for me is $1.00 fee for online payment for Sevier County, TN and the .73 cent stamp for Blount County, TN.
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16 January 2025 | 31 replies
I started back when they were in Beta mode and free so I've seen them grow quite a bit.
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30 January 2025 | 8 replies
If you're in Northern MN, there is a very good chance that the cost to build a new duplex exceeds the resale value, which would be an awful idea to build a new one.
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17 January 2025 | 3 replies
As for the legalities of setting up an LLC to protect you and your partners, I would consult with an attorney for best judgement.
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23 January 2025 | 3 replies
There are some very aggressive investors that refi into interest only products to free up even more cash in the short term - this can be much more risky though, so not recommended if you are not very experienced and have large reserves.
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7 January 2025 | 3 replies
The IRS views it as taxable income because it’s not being used for the purpose of deferring taxes under the 1031 rules.For example, if you sell a property and only use part of the proceeds for the next investment, the leftover amount (after paying transaction costs, etc.) is taxed.
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18 January 2025 | 15 replies
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26 January 2025 | 19 replies
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21 January 2025 | 15 replies
I will say, short term rentals require a bit more work, and if you are moving out of state, you may want to take a look into getting a property manager ( take that cost into account when running the numbers ).I hope that helps, reach out if you have any more questions.
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20 January 2025 | 9 replies
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