
20 May 2024 | 4 replies
So I said its probably best to just pay the tax.If an investor overpay a ton, just to save on taxes, most likely they'll be inflicting significant financial damage to their portfolio… it’s probably best to opt out and pay the tax.1031s aren't structured in a way that makes someone "overpay" - it mainly comes down to poor planning which puts them in that situationNever let the tax tail wag the dog!

21 May 2024 | 2 replies
I'm looking to connect with experienced investors, realtors specializing in investor purchases, and reliable property management companies.I'm also open to discussing neighborhoods and real estate tax strategies.Let's chat!

20 May 2024 | 4 replies
Tough decision but eventually went with Digb because they also help with taxes and planning.

20 May 2024 | 2 replies
Some things that might be a concern:1) Obviously have to make sure things are all permitted first2) I don't want the room to "feel" like an addition, so flooring has to be same level/standardized with the rest of the house3) Unlike the rest of the house that has an identically-shaped 2200sqft basement underneath, this added space will not have a basement directly underneath it -- I'm not sure if this poses major cons for some reason that I'm not aware of4) Especially given the lack of basement underneath, I have to make sure that the HVAC can still somehow be piped into this room#2 and #3 are probably my biggest concerns (#1 and #4 I can find out relatively easily)Any tips/thoughts or other experience would be greatly appreciated.

21 May 2024 | 48 replies
But nope I just put the tips on my site LOL. .It really is amazing what is 2nd nature to me/us that others do not know.

18 May 2024 | 8 replies
Hi Everyone,I purchased a tax lien on a property and found out today that the name on the tax assessor's website is the name of a person who bought a tax certificate in 2020.

21 May 2024 | 8 replies
But you also have to pay for taxes, insurance, and maintenance (generally 10% of the monthly rent).

20 May 2024 | 10 replies
If the alternative is wait 5 years for a down payment on something you don’t live in, you stand to likely gain substantially by moving on this decision now and collecting rent, principal pay down, appreciation, and tax benefits in those 5 years.

19 May 2024 | 24 replies
That having been said, are there any tips from experienced investors in Georgia with suggestions of where I should be looking to buy?

21 May 2024 | 3 replies
The loan we were applying for is an FHA, which stipulates we must provide a signed lease for our half of the duplex (to be newly rented out) but for the other half which the parents "own" (in reality all three are equally owners of the entire property.) we would need to provide proof of rental income on our tax return, however her parents claimed that so we seem to be SOL.The mortgage is covered, we can rent it out no problem, but the underwriter is saying on paper it looks like she is responsible for the whole duplex and the rent for half of it is unreportable.