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).

Hello guys,I keep hearing that as a real estate investor you get tax deduction, depreciation asser, and no one tax you on debt.

Also, my tax bill was super high this year since my property didn't really require any maintenance last year, and this would be a beneficial write-off as it would buy back time and ensure a quality property.

We held as primary for a year and STR for 2 years filing the appropriate tax declarations/forms etc. during each stage.

Of course it’s not as simple as it appears.....lots of hidden costs, taxes, insurance, preservation, etc. and much depends on the jurisdiction as to length of foreclosure process. 

ABC does not recognize the guaranteed rent signed in the contract and also sends a report where they invoice charges for $ 3,013.00 and that they intend to debit the debt that ABC has with my property.These charges, we received for both properties: (i) home warranty for the year 2021, which we did not request and in the case of my wife without a tenant; a turnover, which was not made to either of the two properties, licenses that in the city page do not appear any processed for mine and my wife's, valid until June; but the best thing is the renewal of the Lease Bond Rental for the year 2021, with the property 1717 N Regester without a contract and without a tenant, that is, without insurable interest and similar diligence accompanied by a “termination letter” of PMA for 2648 Edgecome CS.We will be reporting to MREC, MIA and probably a federal agency; however, to act in court we need a local attorney.

I'm bias, but NV is right next door with the 4th lowest property taxes in the US, much more friendly landlord laws, strong appreciation, etc.

We can look at DSCR loans as well as a few other options.Understand the need to 1031 without any debt left, we've helped a few clients knock out debt to 1031 into all-cash DSTs.

Since new properties have a full useful life, tax savings can be realized by expensing depreciation.

The purchase price is around $2m and tax assessed value is around $1.3m.