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31 March 2024 | 11 replies
Hi, we have a tax deed auction coming up in PA, with over 1500 properties on it.
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3 April 2024 | 9 replies
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).
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2 April 2024 | 27 replies
Between just those 3 items, that's tens of thousands in tax return and lower of the tax brackets as whole.
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2 April 2024 | 32 replies
So he pays tax, seller finance does not eliminate taxes it just defers them.
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31 March 2024 | 1 reply
This ends up $2K on Line 26 to pay tax.
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2 April 2024 | 10 replies
Speak with a tax professional.
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2 April 2024 | 10 replies
The lender will qualify you (there's a rather 'red flags list' that is used) - as well as have you sign all the occupancy declarations - that pertain to the financing prior to closing.
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2 April 2024 | 45 replies
The Mortgage would be around $3587/ month including insurance, taxes, Mortage insurance.
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2 April 2024 | 4 replies
Tax Considerations: What taxes should I be aware of for property management services, even if the properties are mine?
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2 April 2024 | 10 replies
In order to defer all tax in a 1031 you must purchase at least as much real estate as you sold.