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5 April 2024 | 1 reply
I have a 3/2.5 block house with new roof 2024 On paper 2000 sq does not include 400 sq closed in Florida room with central air.
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5 April 2024 | 1 reply
We've replaced many entire houses with pex, including the crawlspaces and basements.
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6 April 2024 | 45 replies
On average I probably net $350-$400/door (that includes my mortgage - I've seen some investors not include their mortgage payment when calculating cash flow).
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5 April 2024 | 8 replies
Specifying your requirements will enable you to focus on homes that meet your objectives and help you narrow down your search.Finding the ideal property may be made easier by using a variety of sources, including direct mail campaigns, real estate brokers, wholesalers, networking events, and internet listings.
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5 April 2024 | 9 replies
For the purposes of calculating the limited interest deduction, the total mortgage debt owed would include both the individual mortgage on Unit A and the owner's share of the underlying mortgage.So, the total mortgage debt owed would be $800,000 (individual mortgage) + $200,000 (owner's share of underlying mortgage) = $1,000,000.Therefore, the owner would be limited to deducting mortgage interest based on this total mortgage debt of $1,000,000, not just the individual mortgage.Thus, the deduction for mortgage interest would be calculated as:($750,000 / $1,000,000) * $40,000 = $30,000Therefore, in this scenario, the owner would be able to deduct $30,000 of mortgage interest for federal income tax purposes.
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5 April 2024 | 5 replies
Regarding the taxation of proceeds (fees and interest payments) earned within a Roth Self-Directed IRA (SDIRA) account: Typically, earnings within a Roth IRA, including interest and gains from investments, are tax-free as long as certain conditions are met.
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6 April 2024 | 46 replies
Good areas I've found include - Franklin, TN (not Nashville - litigation pending - too liberal & hostile to STR's.
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5 April 2024 | 5 replies
Great information thank you and thanks for including the ordinance link as well
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5 April 2024 | 12 replies
Be sure to include information about nearby attractions, public transportation, and local schools.Accurate information: Ensure that all information provided in your listing is accurate and up-to-date, including the rental price, property details, and availability.Timely updates: Keep your listing updated with any changes in availability, pricing, or property information.
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6 April 2024 | 13 replies
I do self manage my units, including my STR from out of state so it's definitely do-able.