
15 May 2024 | 5 replies
They need the insurance declaration pages (1-2 pages showing the annual premium and the insurance agency contact info), property tax bill, and mortgage statement.

13 May 2024 | 9 replies
I'm hoping I can get some tips or pointers from anybody with experience in land development or buying land off tax auctions.
15 May 2024 | 8 replies
An easy math example is $1,250 of rent needs to support $1,000 of mortgage, property taxes and insurance and HOA (if applicable).

15 May 2024 | 0 replies
Question: If we move the house to a different location vs demolish how would this affect the 1033 and capital gains tax.

15 May 2024 | 10 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

16 May 2024 | 20 replies
This allows for 45% of the effective rent to be spent on all your expenses (taxes, insurance, management, common area utilities, etc. - but not your mortgage payment), and gives you the net operating income (NOI).

12 May 2024 | 4 replies
I owe $600k on a $672k value STR (house hack 1 yr owned).

15 May 2024 | 3 replies
You can use one EIN for both entities since you're operating under the holding company LLC, or your CPA may advise obtaining a separate EIN for tax purposes.Ensure that the bank adds you as a signer using the company's EIN, not your SSN.

15 May 2024 | 12 replies
As it is we both have a strong desire to buy a SFH for ourselves but currently house hacking is a better solution because that other rent is paying our taxes and water and sewer bills and for some mid range priced renovations to the property.

15 May 2024 | 14 replies
Market rents from the appraisal and/or the actual rents need to cover the mortgage payment, property insurance, taxes and HOA (if applicable).4.