
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.

18 February 2025 | 21 replies
In mid February, many tenants get caught up when they start getting their income tax refunds (depending how fast they file).Income tax refunds also give tenants the needed funds for first month of rent + security deposit, so they can move.Check out this graph, which was created from tens of thousands of data points:Regarding your property, suggest the following:1) Where specifically is it being advertised?

24 February 2025 | 21 replies
Remember, they can always refer themselves😊Now, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who do they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?

25 February 2025 | 19 replies
Here's a breakdown:Atlanta, GAPros:Strong job growth (tech, film, logistics, and corporate HQs).High population growth, creating strong rental demand.Variety of property types (single-family, multifamily, short-term rentals).Good cash flow in suburban areas.Established infrastructure and economic diversity.Cons:Higher purchase prices than Huntsville.More competition from investors.Some areas have high property taxes.Best Investment Areas:Southwest Atlanta (East Point, College Park, Hapeville) – Near the airport, good rental demand, potential appreciation.West End / Westside Beltline – Up-and-coming area with strong appreciation potential.Stone Mountain / Lithonia – Affordable with strong rental demand.Marietta / Smyrna – Strong appreciation and rental market.Douglasville / Austell – Affordable and growing suburbs.Huntsville, ALPros:Lower property prices compared to Atlanta.Strong job growth (NASA, Redstone Arsenal, tech companies).High rental demand due to military and tech workers.Lower property taxes and landlord-friendly laws.High potential for cash flow.Cons:Smaller market, so resale options could be limited.Less diversified economy compared to Atlanta.Some neighborhoods have slower appreciation.Best Investment Areas:Madison – High-end rentals with strong appreciation.South Huntsville – Great school districts, steady growth.Downtown Huntsville – Young professionals, Airbnb potential.Harvest / Hazel Green – More affordable, good cash flow.Meridianville – Suburban area with growing demand.Which Market Offers Better ROI?

29 January 2025 | 4 replies
Rent payments from the medical LLC are fully deductible as a business expense, while the property-owning LLC will report the rent as taxable income, which can be offset by deductions for expenses like mortgage interest, property taxes, maintenance, and depreciation.To ensure compliance, document how FMV was determined—using market comparisons, an appraisal, or similar data—and draft a formal lease agreement outlining the terms, rent amount, and responsibilities.

10 February 2025 | 12 replies
All-In Costs & Profitability-ARV: $450K-Purchase Price (financed): $170K-Repairs: $150K-Holding Costs & Financing: ~$20K–$30K (insurance, taxes, utilities, interest, etc.)

23 February 2025 | 10 replies
Conventional lending requires tax returns, good FICO and reasonable DTI.

2 February 2025 | 4 replies
Since the trust is a disregarded entity, the benefit is bypassing probate, not tax issues or liability concerns.

3 February 2025 | 7 replies
However, these programs typically qualifies borrowers based on their income, such as tax returns.The DSCR would be a good option considering you and your husband are entrepreneurs and the tax returns don't look good on paper.

11 February 2025 | 16 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.