I’d advise you speak to a CPA as well, different trusts bring along potentially different income tax filing results.The maxmimum income tax rates on trusts are also reached far earlier than they would be on a personal income tax return.Generally trusts and LLCs serve different purposes as well (i.e.

With a great 3.25% rate and a real cashflow of close to $400 per month this property pays dividends every month.

If I apply the 1% rule, the current rental value is below by about $500, however, cap rate is calculated at 6% and CoC at 3%.

Factors such as higher interest rates, taxes, and insurance can significantly impact potential returns for investors.Remember, success in real estate investment often hinges on buying properties at the right price rather than selling them.

Unit A is about 100 years old and Unit B is almost completely new.Pros:-The duplex is in a very desirable neighborhood with home value appreciation year over year at about 50+%-Rent is also in high demand within this area-Cash flows well even with high interest rates and increasing property taxes-Home is price below average cost per sq ft-The house has been renovated and some parts of it has been remodeledCons:-All issues are with Unit A, the 100 year old unit.

@Kyle Steiner more than likely they will have you do an interspousal transfer.

Think of environmental swift change, tornado, flooding, fire, fixed rental rate verses varied rental rates.

At the rate that homes are appreciating it seems waiting to invest while we save is going up much faster than the rate we are able to save.Future goals are the equivalent of $80-$90k per year to live off of.

Have you hit your goals or exceeded them, or are interest rates and low inventory holding you back?

@Denise Evans If the heirs have not taken action to move the title into an estate, or to transfer to an heir, how is the state supposed to know the person is deceased?