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26 January 2025 | 1 reply
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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23 January 2025 | 2 replies
Your problem will be them incurring capital gains taxes simply so you can get a commission.
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2 February 2025 | 1 reply
Assuming this is an 8 cap neighborhood you'd have a ~$420-450k value within a year (unless property taxes are crazy high) when leases would renew since it'd be valued as a commercial building with the office space.
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9 February 2025 | 33 replies
Quote from @Jeff Roth: Hi Lina from Texas-Congratulations on your interest in investing in mid-term rentals and you are wondering how and where to get started.I get this question frequently from investors.Sometimes and investor is looking to keep their property cashflow positive as insurance and taxes have squeezed cashflow by turning units into mid-term or short-term rentals.First off, ideally, the property will cashflow as a long-term rental should something disrupt the mid-term rental model.You will also want to have the property be near where there would be a demand for mid-term rentals (hospitals, universities, research centers).Monthly rents for mid-term rentals are about 20% (+/-) higher than unfurnished similar long-term rentals.There are property managers that will manage mid-term rentals for you and I always advise my clients to use property managers to keep their investment as passive as possible and for compliance issues related to Fair Housing Laws and local regulations.To Your Success!
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19 January 2025 | 6 replies
However , properties taxes are due like roughly 12k for the two lots.
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26 January 2025 | 3 replies
I'd love to start my networking and also understand the tax complications of buying property while abroad.also FYI - my husband and I are looking to move to the USA at one point but most likely in 2026.
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20 January 2025 | 7 replies
Another option is investing in real estate through partnerships or fractional ownership, focusing on properties that yield cash flow or appreciation potential.For long-term growth, consider diversifying into assets such as private equity, tax liens, or even certain types of real estate that offer both capital appreciation and income potential over time.
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18 January 2025 | 18 replies
Then there’s this glorious tax season where you realize how many things you get to deduct that others can’t, while sheltering your income with depreciation, and earning tax free income with appreciation.
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5 February 2025 | 5 replies
For example, what is the monthly revenue for the property and what are the "All In" expenses, including mortgage, taxes, insurance, utilities, repairs, etc...
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22 January 2025 | 14 replies
401K loan is capped at 50K and with withdrawal, you have 10% penalty and tax implications.