![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1637148/small_1621514367-avatar-rebekahb10.jpg?twic=v1/output=image&v=2)
24 February 2024 | 4 replies
There was one company that was owned by an American and she was the most put together, explaining she would list my property under her LLC to help save me the 25% taxes México charges for nightly rentals (I purchased my condo on a tourist Visa) and they did everything.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2953546/small_1708523716-avatar-johnm2933.jpg?twic=v1/output=image&v=2)
24 February 2024 | 11 replies
Over the past 7 years my insurance has increased 65% and property taxes another 20%.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/329845/small_1674401826-avatar-7einvestments.jpg?twic=v1/output=image&v=2)
24 February 2024 | 5 replies
Make sure you document your original cost so you can show the loss on your taxes. :-).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2397378/small_1646868544-avatar-ajw35.jpg?twic=v1/output=image&v=2)
24 February 2024 | 4 replies
The most southern OR city of Brookings offers tremendous value, and the difference in taxes, insurance and associated carrying costs for crossing the State Line are considerable in comparison.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2841525/small_1695250515-avatar-allisonl71.jpg?twic=v1/output=image&v=2)
23 February 2024 | 3 replies
I ask because sometimes the tax liability isn't always that bad.I generally consider it better to sell/1031 to scale up instead of cashout refi.
23 February 2024 | 1 reply
You get that back if you sell, but if you keep it as a rental it takes 153 months or 5 years to break even on your down payment alone.https://www.redfin.com/IN/Indianapolis/1515-E-Kessler-Blvd-Dr-46220/home/66981054ARV / Sell Price$235,000We Calculate All CostsPurchase Price$152,750 65%Closing Costs$2,000Rehab$30,0006 Months Carrying Costs$9,114Real Estate Selling Costs$14,1006%Other$0Other$0Total Rehab Costs$207,964Now We Calculate ProfitARV / Sell Price$235,000Total Rehab Costs$207,964Gross Profit$27,036IRS Tax$4,05515%Net Profit$22,981Per month profit$3,8306Loan Down Payment$30,55020%Loan Amount$122,200 80%Loan Cost per rmonthPrincipal & Interest$8137%Prop Taxes$321Insurance$168HOA Fees$0Monthly Payment Costs$1,302Monthly Payment 1$1,302Monthly Payment 2$1,302Monthly Payment 3$1,302Monthly Payment 4$1,302Monthly Payment 5$1,302Monthly Payment 6$1,302Utilities for 6 months$1,302Total for 6 Months$9,114
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/599950/small_1621493514-avatar-harim3.jpg?twic=v1/output=image&v=2)
23 February 2024 | 2 replies
I happened to start learning about private equity funds, stakeholder capitalism, and the housing crisis last week and also started getting more active on the BP forums.I posted about struggling with finding investors for syndication and got some good comments about why this is the case for many syndicators right now.One comment referred to something about FEMA flood insurance rate maps and that rang a bell in my head about a random old piece of land I got a few years ago when I was heavily into tax deed auctions in Florida.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2044388/small_1737422479-avatar-camronc4.jpg?twic=v1/output=image&v=2)
23 February 2024 | 6 replies
The reason is that you are paying a 10% withdrawal penalty AND income tax on the money.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/632589/small_1689953711-avatar-1cleverinvestor.jpg?twic=v1/output=image&v=2)
23 February 2024 | 0 replies
For you investors that have ordinary income to write off let me tell you the greatest secret to minimizing tax liability, Cost Segregation.When coupled with zero down seller financed purchases the numbers get crazy.These numbers below are one of two parks I bought zero down with seller financing last year.This one park one year is a $140,834 write-off equal to $40,842 in tax savings and the second park is $14,000.I am projected to save almost $60,000 on two community purchases that I don't have any of my money invested into, they were true 0% down parks.Don't kid yourself, real estate is the best investment opportunity that exists.