It would/could be only 15% capital gains tax and yes you could/would deduct all selling costs including commissions and transfer taxes.

My wife and I have an opportunity to purchase a property in South Lake Tahoe from her father.

One of the most important steps you can take as either a startup landlord or seasoned one is to use a platform specific to property management as it will elevate your operation and save you tons of time.The good news is that nearly every software designed for landlords includes these features.

I charge 20% straight to co host which includes vendor/guest /cleaner communication and managing the property.

I actually started my own blog to break down the latest market news in a way that’s easy to understand and actionable.I pull my information from a few solid sources, including:•Florida Realtors (floridarealtors.org) – Great for statewide updates, trends, and legislative changes.

I have a goal of purchasing a small multifamily this year, so I want to start making the steps to make that happen.

Purchase Price & Seller Financing TermsYour neighbor wants $200K, but the current value of the home is closer to $160K-$170K.

That was the only production schedule I was given even though I specifically earmarked the buildings I was purchasing in the project.

If Landlord has filed an eviction due to Tenant’s Default or other breach, including breaching for non-payment of Rent, regardless of the outcome or disposition by the court, Tenant agrees, upon request, that the court shall make a determination who the prevailing party is in any eviction and whether any attorneys' fees and court costs sought by any party are reasonable.

Run a credit check, which will include her address history and the dates she lived at each one.