I don't know the answers on taxes, but New Jersey is the densest state in America.

Sometimes hard to find this happy medium in rate sheets, though.Another consideration would be taxes - points are typically treated as interest, so if your tax obligations are high this year vs being higher in the future, then this could also impact buying down now vs paying a little more in interest in future years. 

I bet they wait until January or February so they don’t have to pay the tax on those gains for another year (which is why we may be seeing less selling this month than in a normal cycle).

Are there any Depreciation recapture or capital gain Tax dispositions that need to be resolved with the exiting member?

The 15% tax hit is a one time expense, versus 4.3% is annual interest.

Taking a break from working on our 2024 bookkeeping and taxes. 

A lot of Chicago workers are moving to this area to escape IL taxes and politics.

Scale Strategically (if this applies to your goals) Reinvest profits, use the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), and leverage 1031 exchanges to grow your portfolio tax-efficiently.I'm a mortgage lender at Aslan Mortgage Lending and would love to find time to talk and discuss your journey.

My net number is rental income minus expenses(3 mortgages, paying power bill at all three houses, property tax, insurance, internet in two properties).

I'm so excited to hear the Maximizing Your Tax Benefits session!