
9 April 2024 | 13 replies
Columbus & Raleigh-Durham are both great places to invest as an out-of-state new investor Short-term rentals can be challenging and is always subject to new local registration and taxes.

8 April 2024 | 14 replies
I also have a seperate list of courthouse data, Probates, Divorce, Tax leins, Ect.

8 April 2024 | 5 replies
However, the self employment could (or could not) pose an issue depending on how much you pay yourself yearly and what you report on your tax returns.

9 April 2024 | 9 replies
The last thing you want is to buy something and the Agent's estimate on rent and/or reassesed taxes was wrong and you end up with a non income producing property.

8 April 2024 | 4 replies
It's not worth risking the invalidation of your IRA account which would cause penalties and taxes.

8 April 2024 | 8 replies
To add to this there may be some tax related questions you may want to speak with your accountant about.

5 April 2024 | 1 reply
I've been paying escrow+mortgage on rentals since 2015 and never had this happen to me.Details:Mortgage company does an escrow analysis and finds the following:2023 Taxes $1648 + Insurance $1634 = Total: $3282New Escrow for 2024Taxes $2331 + Insurance $1918 = NEW TOTAL: $4250- With increased tax and insurance I owe $968 more on escrow.- $968 difference paid out over 12 months would be $80.60 per month MORE.The mortgage company is claiming that I owe $3,000 MORE in escrow and is charging me an additional $250 per month.I checked with them and I've NEVER missed a payment and have been up to date this whole time.They say its not a mistake but couldn't explain why I owed $3000 more instead of $968 more for the year.Am I missing something?

8 April 2024 | 7 replies
As an agent, I scrub the tax and property records for data to find off market deals and skip trace using a combination of spokeo (alright) and batch skip tracing (better) and call using mojo dialer.

7 April 2024 | 33 replies
If you are cashing out then don't forget your taxes.

8 April 2024 | 1 reply
You get all the benefits of real estate (cash flow, appreciation, tax benefits) with none of the headaches of becoming a landlord.Food for thought, and something I wish I'd figured out much earlier in my real estate investing career.