27 February 2024 | 2 replies
The seller needs moving money, there are oftentimes an arrears that has to be paid on the loan, there are oftentimes HOA fees that are due, there are title costs, there are escrow costs, usually there is deferred maintenance, you have to make mortgage payments out of pocket until you get a renter in there, you have to pay utilities and taxes, and you need reserves in case it all doesn't go as planned.3.
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27 February 2024 | 12 replies
Since land values tend to be higher in the resort areas, that can have a negative effect on tax benefits.
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28 February 2024 | 130 replies
And tax reform in those days just hammered them and then N.
27 February 2024 | 6 replies
Vacasa Guestworks(partial MGMNT model) says their fee of 12% is almost covered by the fact that THEY will pay the Airbnb host fee Also they will handle the tedious filing of monthly taxes as required by my city/state regulations I’m not scared at all to handle the online listing and am not keen to pay their 10-12% fee.
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27 February 2024 | 10 replies
It's tougher to makes those BRRR deals pencil in TX because of the properties taxes and insurance (also HOA's since you're in Houston).
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26 February 2024 | 2 replies
Hey @Christopher Eduardo, Please talk with a tax lawyer to make your final decision, but in general: In a Chapter 13 bankruptcy, a debtor creates a repayment plan to gradually pay off their debts over a specified period, usually three to five years.
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26 February 2024 | 3 replies
Get a CPA to advise I AM NOT A CPA THIS IS NOT TAX ADVICEIRS site: https://www.irs.gov/instructions/i1040se#en_US_2023_publink2...
27 February 2024 | 1 reply
I also want to be able to utilize the LLC to take advantage of the many tax codes an LLC offers.
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27 February 2024 | 11 replies
Section 8 comes with benefits like reliable government-backed income, potential tax advantages, and lower vacancy rates.
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28 February 2024 | 15 replies
There are big benefits in holding a property rather than buying a new one such as that the property taxes will be lower due to not being reassessed as they are on sale.