Helena Lee
Has anyone ever experienced buying a house with full bitcoin?
31 January 2025 | 2 replies
So, if she bought the bitcoin for $1 million and is now using it to close on a $10 million property, that is a $9 million gain that needs to be accounted for in her income tax.
Brett Riemensnider
First Year Rental Owner
19 January 2025 | 1 reply
@Brett RiemensniderYou don't need to provide anything to your tenants tax-wise.
Tristan Kelly
First MF purchase in Cleveland OH
29 January 2025 | 11 replies
Enough immediate cashflow to balance out the mortgage, taxes and insurance.
C.S. Bryson
Is this a good deal? Looking for advice on my first investment
16 January 2025 | 0 replies
Remaining Balance: After the balloon payment, the remaining loan balance will be re-amortized over 5 years (60 months) at the same 6.5% interest rate.Payment TermsInitial Loan Terms (First 24 Months):The monthly payment for the first 24 months is based on a 12-year amortization schedule:Monthly Payment for First 24 Months: $1,573.39Remaining Balance at Month 24 (Prior to Balloon Payment):The balance after 24 months can be calculated using the amortization formula:Remaining Balance at Month 24: $157,113.92Balloon Payment:The balloon payment will be 50% of the remaining balance at Month 24:Balloon Payment Due at Month 24: $78,556.96Re-Amortization of Remaining Balance (After Balloon Payment):The remaining balance after the balloon payment will be:This amount will be re-amortized over 5 years (60 months) at the same 6.5% interest rate.Monthly Payment for Final 60 Months: $1,541.18Summary of Key Terms:• Purchase Price: $215,000• Down Payment: $43,000• Loan Amount: $172,000• Interest Rate: 6.5% (fixed)Initial Terms (First 24 Months):• Monthly Payment: $1,573.39• Balloon Payment Due at Month 24: $78,556.96Re-Amortized Terms (Final 60 Months):• Remaining Balance: $78,556.96• Monthly Payment: $1,541.18Additional Conditions:1.
John K Smith
Property Management Fees in Rochester, NY
19 January 2025 | 2 replies
Line Item Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $500 Business Hour Service Calls $80/hour + Materials Cost + Tax After Hour Service Calls $110/hour + Materials Cost + Tax HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Vendor Cost + 10% Oversight Fee
Melissa B.
Loans: Collateralized or Roll-Overs ... which to choose?
18 January 2025 | 2 replies
.: Hello,I'm new to tax/mortgage surplus funds retrievals, and have been in contact with a homeowner who is willing to work with me.
Leah Miller
SB9 Urban Lot Split Los Angeles
27 January 2025 | 11 replies
In general in single family zoned areas, JADU typically subtract value (I suspect largely due to the OO requirement).
Ashley Guerra
Central Jersey investors
21 January 2025 | 10 replies
If your not ready to spend money on a software you can use tax records.
Rafael Ro
Safe and stable investment: Do I buy rental properties or keep money in a HYSA?
11 January 2025 | 67 replies
We would love to discuss tax planning with you.
Matt Agnew
Using funds from an SDIRA for real estate purchases
20 January 2025 | 7 replies
Another option is investing in real estate through partnerships or fractional ownership, focusing on properties that yield cash flow or appreciation potential.For long-term growth, consider diversifying into assets such as private equity, tax liens, or even certain types of real estate that offer both capital appreciation and income potential over time.