Zhenyang Jin
Will personal DTI impact underwriting of commercial loan for 6-units multifamily
27 January 2025 | 9 replies
It is DSCR based and no personal tax returns are required to qualify.
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
20 January 2025 | 37 replies
If not, what are property tax sales?
Mark S.
preREO - First Mortgage Secured by Vacant Property
24 January 2025 | 42 replies
I assume they collect a proration every month for property tax?
Ben Mardis
Investing Newbie: an intro and preliminary strategy review
16 January 2025 | 7 replies
I'm starting out doing redeemable tax deeds and going to auctions where everybody has "bigger pockets" than I do.
Vanessa Pierson
Advice - Long Term Rental in Tough HOA or Sell
23 January 2025 | 4 replies
Weigh the long-term benefits of the low mortgage rate you have versus selling and getting $500k from a sale exempt from capital gains tax.
Anna Zimmerman
Up and coming neighborhoods to flip a house in 2025?
15 January 2025 | 4 replies
If you aren't familiar with Baltimore, I would suggest it's a hard no and say that you are trying too hard to make cash flow happen talking Baltimore and tax liens and auctions.
Aja Sellers
Greetings from Germany!
26 January 2025 | 9 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
Fetch Phoenix
Bought in a Fire Prone Area, should we sell and consider renting?
1 February 2025 | 7 replies
The home burns and the incredibly over taxed CA FAIR plan has either gone bankrupt or takes years to pay out.2.
Carlos Rodriguez
New to US market
11 January 2025 | 9 replies
I'm going to reiterate what's already been mentioned above, but I'm going to actually give you examples of why it's relevant to you to find a U.S. tax professional.1 - You're going to need to file U.S. taxes once you have property down here, there's federal filings, state filings, and sometimes local filings too2 - Tons of tax treaties between the U.S. and Canada that are easy to miss and can cost you a lot of money (important one with rentals - effectively connected income - if the professional you talk to doesn't know what this is, run away)3 - The amount of days you spend in the U.S. needs to be tracked and if you go over a threshold, all of your worldwide income could be taxable by the U.S.4 - Selling real property means up to 15% of your sales proceeds might not be available to you for years (FIRPTA)5 - Lots of nuance at the state and local levels, which both want to take as much money from you as possibleMain takeaway here is that you should find a U.S. based tax person.
Cameron Marro
Seeking Renovation Advice for My First Investment Property
3 February 2025 | 15 replies
Since part of your property is a rental, I believe a portion of your mortgage interest should be a tax deduction unlike your other debt.