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22 February 2025 | 1 reply
The Sewer Charge and Water Supply Tax may be higher now.Check if you’re now subject to automatic annual rate hikes based on CPI, which could contribute to the increase.4.
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7 February 2025 | 11 replies
Can you either rent out your current property if there’s been little/no appreciation, or sell it tax free?
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11 February 2025 | 4 replies
They will handle the collection and distribution of payments, amortization, escrow accounts, and any tax documentation.
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21 February 2025 | 4 replies
Also, cash flow from the rental needs to cover your mortgage, insurance, and taxes.
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23 January 2025 | 23 replies
You could look into forming a C Corp as an alternative way to own this property that could affect your tax returns differently, I am not a CPA or giving tax advise.
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9 February 2025 | 12 replies
I have my 2023 taxes Non W2 and hope to have my 2024 Taxes Non W2 back end of this coming week.
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12 February 2025 | 1 reply
Look for areas with stronger rental demand, lower property taxes, and minimal HOA fees to keep expenses down.
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15 February 2025 | 14 replies
David,Yes, investing out of state can be a wise choice especially if you live in a State like CA, NY, NJ, CT where home prices are over priced and taxes are brutally high.
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15 February 2025 | 15 replies
Of course, I had to make additional assumptions about the cost of property taxes, insurance etc.
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3 February 2025 | 5 replies
Now, this would obviously be negatively cash flowing since you would need to pay taxes and insurance.