6 March 2024 | 0 replies
This includes individuals affected by disasters, those living overseas (including military personnel), and eligible support personnel serving in combat zones.In conclusion, while filing for an extension can provide breathing room for completing your tax return, it's crucial to remember that it doesn't grant an extension for making payments.

6 March 2024 | 2 replies
When you sell this property, you will be able to catch up with all those losses, including baked-in depreciation.

7 March 2024 | 9 replies
etc.Tax advantaged accounts include: 401-k and Roth IRA contributions, no HSA.Looking for a professional with proven success, references to others perhaps bigger pockets members who have successful househack strategies.Thanks!

6 March 2024 | 9 replies
Don’t include in NOI, but include for cashflow impact on income taxes.

6 March 2024 | 35 replies
That GRI does include income for cleaning, taxes etc. though normally, which is really pass through expenses for the most part.

6 March 2024 | 1 reply
The cap rates themselves from their ads don't include the cost of a commercial mortgage in their calculation.Now commercial loan rates that I'm seeing are at minimum 6% and higher.

8 March 2024 | 31 replies
I thought I was going to own a few dozen single family properties before moving on to multi but after 3 I bought a 14 unit and have never looked back going bigger and bigger on every deal. if im not mistaken everything is already baked into that 775k except closing costs. and construction should take 6months tops. land is included (1acre) but if i had my own land builder said they'd take 65k off the price so 710k. yeah im just thinking whats best way to move forward. my first deal doesnt need to be perfect just want to build a nice base to build from
6 March 2024 | 6 replies
I’m not a fan of including utilities as you encourage tenant waste and your property appears to be more expensive than the comps.

6 March 2024 | 11 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
5 March 2024 | 6 replies
After they confirmed they make less than the rent, I denied the application on those grounds.After that, they messaged me that they have a housing voucher which was not included in the application as a source of income and that the housing voucher would make their income reach the minimum requirements.What do I do now?