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26 November 2024 | 5 replies
I am at a complete loss.....should I call the atty general of NH?
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26 November 2024 | 13 replies
Here are a few options: max out 401k contributions for you and your spouse, max out HSA contributions, make charitable donations, harvest tax losses, etc.I recommend finding a tax strategist who specializes in real estate taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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25 November 2024 | 2 replies
If you buy a rental property by the end of the year, you might be able to offset some of the losses with the gain.best of luck.
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2 December 2024 | 33 replies
At face value, it sounds like you believe that some of the operators of MFH that have purchased in the last 18-24 months may have to cut losses next year providing new investors a much better deal.No.....
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27 November 2024 | 10 replies
You want to be careful not to bite off too much on a first purchase so maybe if more four units or less or available that could be a better starting point with less risk and more ability to learn without potential loss.
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26 November 2024 | 19 replies
@Lucas Schlund the same thing that happened to all the STRs in NY City when their ordinance went into effect, as well as many other cities.Owners must comply and the government doesn't care about your potential losses:(
25 November 2024 | 11 replies
Income Late fee Gross rent Expenses Advertising Cleaning Gardening/lawn mowing Insurance Interest on loan(s) property tax Legal expenses Pest control Property agent fees/commission Repairs and maintenance Water charges Electric Bill Total expenses Net rental income or (loss)
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26 November 2024 | 12 replies
I'm sorry to hear about your husband's job loss.
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28 November 2024 | 184 replies
Are you able to take capital loss on taxes and if so how does that work?
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23 November 2024 | 4 replies
It does need maintenance at least once a year with Leather Food or the like to keep it nice.