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5 January 2025 | 17 replies
So I do not have a tax filing with the rental income on it yet.
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24 January 2025 | 0 replies
For investors, the current market presents a mixed bag: while short-term rental income may be lower, Miami remains a strong market for long-term growth as affordability attracts more tenants.What’s your take on Miami’s rental market?
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28 January 2025 | 4 replies
Sellers can avoid paying transfer taxes to the county, while buyers are spared from facing significant property tax increases.However, it's important to note that lenders typically only approve these loans for properties with five or more units.
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27 January 2025 | 12 replies
However, if single-family homes prove financially viable, I’m happy to continue building in that niche.Since these homes and projects are significantly cheaper than my market, the risk is relatively lower for me and can do at least two at a time.The ChallengeOne of the biggest hurdles is finding reliable contractors and subcontractors in the area.
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7 February 2025 | 14 replies
MTRs often have lower management demands compared to platforms like Airbnb while still generating higher returns than long-term rentals.
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7 February 2025 | 11 replies
They don't require employment verification, income or tax returns.
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25 January 2025 | 15 replies
., I left Anderson for a small firm that will do the actual taxes and then another company that specializes in tax strategy.
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25 January 2025 | 5 replies
With the fund I used, they had a month where they had a few defaults, the return was a bit lower, and they sent out an email apologizing for the lower yield.
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2 January 2025 | 3 replies
You can always use a software like Turbo-Tax and follow the prompts.
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31 January 2025 | 7 replies
The property owner's tax professional can help them with that and ensure they don't pay taxes twice on the same income.Disclaimer: My advice/opinion in this post is just that, my opinion.