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26 March 2024 | 6 replies
Interest rate and insurance cost in Houston will make house hack harder now but it is not entirely impossible. for particular Indepdent Height, arces homes, and highland height is a great area that is growing in my opinion. 77021 near medical center has some really nice streetLook for home that has garage apartment, duplex or big land to put up additional structure later on. look for area with low tax rate and no HOA. plenty of them around
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26 March 2024 | 8 replies
I've most often seen it with sellers who aren't interested in doing a 1031 and they save some on taxes, earn interest, have a swtream of payments, but no obligation to operations/maintenance. 10 years or less is likely.
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26 March 2024 | 3 replies
Way too much liability and risk out there.You can't purchase a residential property in a new LLC in NJ unless you have two years of tax returns on the entity or a relationship with a local bank who will allow it.
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26 March 2024 | 10 replies
I like Nevada because it's close to CA, low property taxes, landlord friendly and has strong tech and manufacturing job growth.
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25 March 2024 | 1 reply
The owner doesn't need to show alot of additional income for tax purposes but wants to sell the house.
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25 March 2024 | 10 replies
You can always complete a line of credit or cash out refinance and repurpose that equity while keeping the asset (all tax free money).
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25 March 2024 | 118 replies
Property tax for each city and county is very different13.
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25 March 2024 | 7 replies
I am a little concerned about the high property taxes in Texas.
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25 March 2024 | 6 replies
We've both spent 100+ hours through various means over the past year - are we able to run a cost segregation study that would benefit both of us from a tax write-off perspective or only the person who spent the most time?
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25 March 2024 | 1 reply
I have a tax question regarding how to report my rental income when my tenant made and paid for improvements and I am reimbursing them by lowering their monthly rent.