
24 March 2024 | 2 replies
We are not married, but I charge her 'rent' which is a little less than 1/2 the mortgage.Are there any tax benefits to saying she's a renter and I'm the landlord?

24 March 2024 | 3 replies
With technology nowadays, I don't find it necessary to have an in town tax accountant.

26 March 2024 | 7 replies
@Anthony Warlick at 1.25M at 8%, assuming 75% LTV your payment would be 6879 without taxes and insurance (since that wasn't listed here).

27 March 2024 | 12 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).

27 March 2024 | 14 replies
A lot of my investors are just buying A-class for the tax benefit and breaking even.
26 March 2024 | 8 replies
FHA loan with monthly payment including taxes about 7800. the other side would get up to 3200.

24 March 2024 | 19 replies
Each LLC is multi member so they probably file taxes as a partnership.

27 March 2024 | 21 replies
Let's just imagine a scenario where you only have one property, and you don't use any PMSs or apps like Turno, for example.Cleaning and maintenance: 4 hours per weekRestocking supplies: 1 hour per weekResponding to inquiries and bookings: 2 hours per weekHandling guest concerns during stays: 1 hour per weekCreating and updating listings: 1 hour per weekManaging pricing: 1 hour per weekFinances and taxes: 2 hours per monthInspections and minor improvements: 4 hours per monthTotal estimated time per week: 12 hours, more or lessTotal estimated time per month: 26 hours, more or lessIf you do use pieces of software to automate your work, it can be even less.

27 March 2024 | 18 replies
He narrowly escaped the property tax sale on his primary home a few weeks ago.

26 March 2024 | 4 replies
How would that affect his tax situation if at all?