Hi Jayne,You should just be able to just look up the address on your counties property search (tax search) and it will show who has ownership!

Duplex - 100% immediate passive income, Tax benefit (schedule E) more deductions to get more back or owe zero at end of year.

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

Here is what I'm taking for reserves (outside of location specific expenses like home insurance, utilties, taxes etc.)- 10% for future property management -10% for vacancy-10% for CapEx-5% for repairs and maintenance-5% for lawn and grounds keeping-0.5% of purchase price for PMI based on my credit score For a house hack, is this too conservative?

I saw 1099s between 28k-31k and 12k in expenses i.e. taxes and HOA.

Hello. I own a property here in FL since 2019, but we are looking to relocate in Puerto Rico. We would like to rent the house for around 2yrs. If we move to PR and we sell the property after 2 yrs: 1- is the 2 out of ...

I would have about $100k - $120k in equity before agent fees, closing costs, and capital gains tax if sold.

DSCR loans are a great option for anyone that doesn't fit the conventional "box" - DTI isn't a factor, no employment info needed, no W2s, paystubs, tax returns, 1099s, etc. needed, you can close in an LLC if you want to and many lenders don't report to personal credit, so those loans won't affect your credit score/DTI for any conventional financing you might pursue in the future.

Cap Rates are low in this space, but it makes sense for a lot of people who have a huge tax burden.

There are investments out there without these burdens.