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3 May 2024 | 2 replies
There are set fees like any grantors tax, HOA disclosure package, then fees that vary, like settlement fee, deed prep, prorated real estate taxes, commissions, closing cost assistance requested in contract, etc.
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3 May 2024 | 18 replies
I am currently reading The Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matthew Macfarland.
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2 May 2024 | 19 replies
Use your least tax-efficient money to buy your most tax-efficient assets.
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3 May 2024 | 1 reply
I found there was loans taken out using a 3rd party that was disguised or hidden on their taxes.
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2 May 2024 | 3 replies
Personally I avoid buying anything built after 1950, which eliminates most of Downtown Suffolk.
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3 May 2024 | 10 replies
When done well, giving a cash incentive to leave voluntarily will still cost you some money, but it may be faster, easier and may avoid property damage repair costs that sometimes are incurred when circumstances result in apathetic or hostile tenants.
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2 May 2024 | 4 replies
I have a Villa in Tulum, Mexico and am having a hard time understanding how much of the "Host Payout" actually goes to me, because I would think that the entire $665.57 would be mine but it looks like they deducted the "Cleaning Fee" and "Remitted occupancy tax" the "cleaning fee" I understand but am confused on where the "Remitted occupancy tax" is going.
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1 May 2024 | 7 replies
A bill that would have increased property taxes 400% on all STRs failed by a wide margin on Tuesday.
3 May 2024 | 5 replies
If the STR income is on your tax return it is qualified just like long term rent using this form: https://content.enactmi.com/documents/calculators/Form1038.C...
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2 May 2024 | 27 replies
Ins and taxes are only going higher, and IMO FL is heading for a correction, its already started.