
14 March 2024 | 15 replies
That would accomplish exactly what you asked - to split the gain and tax across two tax years.

13 March 2024 | 2 replies
5 of my 6 properties had drastic increases in property taxes in Jefferson County (Birmingham) Alabama.

15 March 2024 | 1 reply
They love knowing more voters/tax dollars are potentially headed their way 3.

12 March 2024 | 7 replies
Hello everyone, I need some help with my taxes.

12 March 2024 | 3 replies
I would like to ask a question dealing with tax sales in Texas.

14 March 2024 | 5 replies
Expenses naturally rise with inflation - insurance, property tax, utilities...Those two factors, by definition, result in lower NOI down the road than in-place/year 1 NOI.
15 March 2024 | 25 replies
If 2795 is the current market rent for a property like this, then you might raise it a little, so by 50-75 each year after the current lease ends to cover cost increases (prop taxes, prop insurance, labor costs, etc).

15 March 2024 | 13 replies
Less affluent areas that will benefit greatly from occupancy taxes and tourism may be a better bet.

15 March 2024 | 8 replies
That might be something to consider, and we got a tax break as well.

14 March 2024 | 11 replies
Our plan in the near term would be to use the cash-flow to buy additional properties every 1-2 years, increasing cash-flow so that we can live off that income after 10-15 years.Given our modest goal of $10K/month, I am leaning towards Option 2 which is to use cash to buy properties and in a few years re-evaluate financing.Here is one of the new construction duplex properties I am vetting right now:Purchase price: $360K for a duplex.Expected rents: $3300 monthlyInsurance + taxes: $500Vacancy, Maintenance + Capex, Property Management (25%): $800Net cashflow: ~2K/month (CoC ~7%)