Taxes and insurance are easy ballpark numbers.

Goal is to move mid-late 2024  Purchase June 2022: $510,500Down Payment: $102,100Interest rate: 4.875%Mortgage balance: $397,959Monthly mortgage, tax, insurance:$2,465Estimated rent $3,000 The home has an estimated sell price of $550,000 today and the area will continue to appreciate well.Home is in good shape.

If I trade property I own in exchange for a property owned by a non-profit organization, what do I need to consider regarding taxes or anything else that could impact the transfer?

It could be a matter of giving them written permission to keep the fence there because adverse possession claims need to be without permission.

You will want to check with your accountant, however, because you will have some tax considerations.

They claim to use the method of teaching that uses hard money loans to find your property, improve then rent.

Next goal is to get into STR to maximize benefit on W2 Taxes and then hopefully try a flip.

Just moved to Austin TX - Florida was getting expensive on residential side (tax reassessments, insurance hikes and mandatory flood insurance coming soon).

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).

Duplex - 100% immediate passive income, Tax benefit (schedule E) more deductions to get more back or owe zero at end of year.