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28 January 2025 | 6 replies
https://www.biggerpockets.com/forums/51-tax-legal-issues-con...
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8 February 2025 | 42 replies
Taxes, costs, eviction complexity, etc are going to be a much bigger factor in your success than anything else.
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10 February 2025 | 3 replies
The single biggest advantage of selling your homestead is that you can take all the Cap gain tax free if you have lived in the home as your homestead for 2 of the last 5 years.
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18 February 2025 | 4 replies
Their taxes and insurance may have doubled and they can't afford the house any more.I think geographic is tough because there just isn't typically the turnover any more in most areas.
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18 February 2025 | 4 replies
I can save a fair bit on state tax and rent as I'm currently living in California.
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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.
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10 February 2025 | 2 replies
The seller may not want to do this, as many of these guys are benefiting from the tax deferral which comes with NOT moving title over.
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28 January 2025 | 4 replies
Sellers can avoid paying transfer taxes to the county, while buyers are spared from facing significant property tax increases.However, it's important to note that lenders typically only approve these loans for properties with five or more units.
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14 February 2025 | 6 replies
You know a similar thing happened in Kansas City (more specifically Jackson County, MO) regarding property taxes in 2023.
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16 January 2025 | 4 replies
If you are going to sell then you must understand the tax implications.