
11 February 2025 | 5 replies
I'm so excited to hear the Maximizing Your Tax Benefits session!

12 February 2025 | 16 replies
The sum total of taxes of each of the 4 units will usually be higher than if it were apartments.

7 February 2025 | 5 replies
I would be beneficial to determine if they are other aspects of the property that make it a worthwhile investment (tax, appreciation etc).

24 February 2025 | 9 replies
Reason being, Valdosta has experienced two hurricanes and inflation, like we all have, in the last 5 years and the property taxes have been rising every year for the last three.

23 February 2025 | 80 replies
In many places, daycare costs, commuting, office clothes, taxes, meal prep, all take up a working person's full income when you switch to going back to the office.

3 February 2025 | 3 replies
but keep in mind CA has higher taxes and reg fees and I’m not doing more than 1-2 flips (short timeframe flips) a year and many years do 0 flipsDo most flippers put flips into LLC Or in personal name (sole proprietor) in CA (where you must pay $800 yearly plus accounting and other fees $300to $600+ yearly to maintain LLC) Pros for personal name-save on taxes accounting.

6 February 2025 | 5 replies
There are some programs through local government systems where you may be able to receive a tax abatement or grant here in Michigan in an effort to help beautify a neighborhood.

2 February 2025 | 10 replies
If you do not get that tax credit its usually not profitable.

2 March 2025 | 32 replies
Even using dedicated independent contractors as your maintenance crew requires book keeping (bills receivable, payment, bookkeeping to track expenses for tax purposes and warranty claims, etc.).Having a reserve for cap ex, but not allocating any estimate for the cap ex cost means that your cash flow estimate does not include cap ex.

4 February 2025 | 17 replies
Since the loan is still in your name, you can deduct the interest you’re paying to the lenderon your tax return...