1 May 2024 | 7 replies
If you're penciling it on, on your buy that's a bit optimistic and you'll have to likely understand your house value would then appreciate re-creating a re-finance loan with a new & higher tax basis and insurance which would likely not make it as affordable as you are penciling in.My best advice is to look to buy a value-add, something on the MLS for longer days or off-market.

29 April 2024 | 6 replies
Does anyone have any experience using oil and gas tax deductions (Intangible Drilling Costs: 100% tax deductible during the first year and tangible Drilling Costs: 100% tax deductible) to reduce tax liability against Roth conversions ?

1 May 2024 | 12 replies
I know that TD and Better do have HELOCS for investment properties, but I believe they are based on your tax returns/income.

1 May 2024 | 2 replies
I was forced to cash out my 401k in payments to minimize tax penalties, using it to complete house projects and pay off some debt.

2 May 2024 | 11 replies
Look at property tax sales.

1 May 2024 | 4 replies
You have the capital gain taxes on the backend.

1 May 2024 | 2 replies
Property taxes ought to also be considered.

1 May 2024 | 4 replies
Discuss any pros and cons with your attorney and CPA to weigh the advantages and disadvantages, particularly regarding liability protection and tax benefits.

1 May 2024 | 7 replies
So no tax returns, DTI, etc.
28 April 2024 | 4 replies
So you tax basis will step up to the sale price.Good luck!