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9 February 2025 | 32 replies
Originally posted by @Duane Alexander:Can resimpli replace propstream to look up property information like remaining mortgage, tax information, liens, mls history, mortgage transaction history, etc?
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22 January 2025 | 12 replies
You can take any proceeds tax free and roll into a different investment.
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10 January 2025 | 1 reply
One thing to think about are the tax implications of being a Canadian paying US taxes.
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2 February 2025 | 7 replies
Preferably low or no money down as best seller would be one only interested in the monthly incomeI then sell said first property and take that cash to buy the investment I am really wanting and I get the terms I want.only thing I don’t know about yet is, how to dodge the tax on the sale of the initial property?
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21 January 2025 | 13 replies
The interest would be tax deductible due to interest tracing rules.
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8 February 2025 | 14 replies
Texas is definitely a strong market, but keep in mind that high property taxes can eat into your cash flow.
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24 January 2025 | 36 replies
You can probably beat $2000/year insurance, but the management fee should be 10%, you need to factor in turnover too and 5% is probably not enough for both maintenance and turnover and I assume you added it, but you didn't mention property taxes (which have been terrible in Jackson County lately since Frank White decided to jack them through the roof).
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20 January 2025 | 23 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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7 February 2025 | 12 replies
I guess it can save you some time managing, for example one tax bill, one insurance bill.
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30 January 2025 | 19 replies
Salaries, compensation, rent, taxes, utilities, fees, MLS, etc.The flat fee model is a recipe for disaster."