9 January 2025 | 0 replies
Beyond immediate safety concerns, the long-term financial implications, including taxes, are a pressing issue for those impacted by the disaster.
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30 January 2025 | 62 replies
So we GAIN 7million + tax payors etc..
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24 January 2025 | 13 replies
Taxes 10k HOA is 9k The current owner never did short-term rentals.
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29 January 2025 | 0 replies
Many months of costly vacancy, local market rent & resale deteriation, special assessments, property taxes and maintanance fees suggest a quick sale would have been the wise thing to do 2 years ago.
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27 January 2025 | 8 replies
I'm assuming you are arriving at your cash flow number by applying Gross income - cap ex, maintenance, utilities, vacancy, tax, insurance, mgt, landscape/snow & Debt service?
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10 February 2025 | 7 replies
This would end up getting you some tax benefits and extra cash flow that could help you leverage that into another property...maybe a 1031 exchange.
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15 January 2025 | 5 replies
Hi! I have a short term rental property. It's a 5th wheel located at a campground. It does not get moved. Will the RV be depreciated at 5 years or 27.5 years? I am unable to find anything giving me a for sure answer. ...
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27 January 2025 | 3 replies
(gross rents $4900; 8% PM; mortgage+insur+taxes = $3600/mo).
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6 February 2025 | 9 replies
If your bottom line numbers on tax returns and W2 income are not strong however, this will be an abrupt dead end.
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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...