David Drew
Taking Over Payments
28 November 2016 | 6 replies
It allows us to take over taxes, insurance, management, repairs, etc, while not likely to trigger the due on sale clause.
Roy Williams
Real Estate Professional - IRS Audit
20 July 2011 | 49 replies
IF you owe tax then they cannot assist you except to make sure that you are not over-taxed or asked to face any undue burden in the process.
Brandon Turner
Go Seahawks! (and are you working or watching today!?)
2 February 2015 | 59 replies
Crying over taxes taken by the government and taking some measurements and video of a flip to send out to contractors for ball park estimates.
Sameet Koppikar
Is it worth buying real estate through your SDIRA?
7 September 2016 | 49 replies
Saturday the 24th, he will be going over tax and legal strategies for tax advantages, asset protection and estate planning.
Adam Furlough
New Landlord Ordinance in Charlotte, NC.
14 January 2013 | 6 replies
Then we had two half way houses approved by the city (in a nice area) only to find it housed sex offenders etc.Now the city is filing lawsuits against the operators esp now that the crime rate in the n'hood went exponential & the over taxed neighbors revolted.
Aibek Akmat
Is there a demand for rentals in Baltimore City?
22 March 2017 | 20 replies
Have the rental units and the tenants will come - We have many rental units and still buying and assigning properties - never had an issue with finding tenants (those folks who pay my mortgages) it is a great business here in Baltimore - Our family have been hanging around here for over 40 some years and have done well - you will also - I wouldn't worry about tenants - you should concern yourself with controlling real estate - work on -----Sandwich leases (never own but collect rent)Tax Sale 365 - how to do TAX SALE Poaching every day - avoid the competitionReverse Mortgage Foreclosures to control rental unitsExpired listings for easy control and rental without ownershipWalking and Driving for vacancies - easy money - Left-Over Tax Sale ListPublic Auctions - lots of equity hereThere are many ways to control vacancies and to build an attractive monthly cash flow ----Good luck - Charles
Bill Coleman
Pot growers in rental: Opinion? (yes I am in Colorado)
9 August 2015 | 87 replies
The electrical systems had been over taxed, mold and mildew were everywhere.
Lisandro Garcia
Section 8
22 May 2023 | 9 replies
I bought the place back in the good-old-days for $11,500 and learned very early on if you raise rents to "new-condition pricing", residents commonly respond with a host of repair requests seeking like-new condition for their rental.Real estate is an amazing vehicle to create wealth, I just try to build it slow and steady and not sweat making it aggressively by over-taxing the poor of the community.
Nick DePrizio
Coastal YUP looking in Vegas to relocate and invest
5 August 2018 | 6 replies
Many are like you leaving the over taxed, over priced markets for more bang for their buck in lower cost of living markets like Vegas.
Aaron K.
Obtaining financing when your properties are under a corporation umbrella?
3 January 2014 | 27 replies
That would mean a capital gain tax of 200,000 PLUS state tax of 5% = 50,000.Personal tax total: 250,000Total tax on dividend/ distribution = $563,841.This is why it is considered malpractice in some states to advise holding real estate in a C-corp.You LOSE the Long Term Capital Gain Rates with a corp.You will pay tax at the corporate rates:TAXABLE INCOME: TAX:Over But not over Tax +% On amount over$ 0 $ 50,000 $ 0 15% $ 050,000 75,000 7,500 25% 50,00075,000 100,000 13,750 34% 75,000100,000 335,000 22,250 39% 100,000335,000 10,000,000 113,900 34% 335,00010,000,000 15,000,000 3,400,000 35% 10,000,00015,000,000 18,333,333 5,150,000 38% 15,000,00018,333,333 ............ ............ 35% 0Skewed Step up in Basis for HeirsNow, lets say you keep that Rental property in the corporation forever, Yes you can 1031 into something else; however, your kids will not receive much of a benefit as the deemed sale of ANY transfer will cause taxation.