
2 April 2024 | 1 reply
This was a lot that was under contract for a purchase price of $500 and all in closing costs, hoa dues, back taxes, affidavit of heirship fees, was about ~$7300 to close and I used my business credit to purchase.Reason I purchased it was because all other "buyers" wanted to purchase at a super low price point where I wouldn't make any money.

3 April 2024 | 5 replies
Second, will you owe transfer taxes (that is very state, and even city specific sometimes)?

3 April 2024 | 6 replies
I believe it would increase overall investment demand with our landlord/tenant laws being significantly more landlord friendly than CA, property taxes not reassessing on the sale, consistent job and population growth, proximity to Lake Tahoe, and temperatures that are not as cold as Tahoe in the Winter but are cooler Sacramento or Las Vegas in the summer.

4 April 2024 | 38 replies
Also you want to stay in the state with zero income tax..

2 April 2024 | 3 replies
As for expanding, I'm 50 next year and I'd love to be able to retire in the next 5 years.I signed up for Tax-sale.info to see if I can find any bargains in single family homes etc.I prefer to buy and hold/rent rather than flip.

2 April 2024 | 7 replies
Income taxes vary by person and jurisdiction.

3 April 2024 | 9 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).

2 April 2024 | 28 replies
At 7.5% your monthly payment is around $1,400 not including taxes or insurance.

2 April 2024 | 27 replies
Between just those 3 items, that's tens of thousands in tax return and lower of the tax brackets as whole.

1 April 2024 | 17 replies
As PO BOX rates have more than doubled in the last 10 years, I'm trying to setup an additional mailbox for my fourplex building for the purpose of receiving administrative mail to effectively use it like a PO BOX.