
19 June 2024 | 11 replies
If your Tax guy does not know this, find another who does.

17 June 2024 | 2 replies
So construction only lasts for 5 years, after that its just a refi every year which will produce an essentially tax free income of 100-120k per year.

20 June 2024 | 6 replies
After a solid 6 month intensive full rehab and pulling all the cash invested out I like to tell my wife 'Hey look at all the free passive income we have!'

19 June 2024 | 3 replies
Actual T12 goes thus: income $54,930, operating expenses $22,305 and NOI $32,625 as listed.

20 June 2024 | 13 replies
Lenders have expanded their guidelines to allow for up to 85% financing assuming healthy credit and income is producing above what the debt obligation would be for the home.

21 June 2024 | 30 replies
Bay Minette is very rural and lower income.

19 June 2024 | 3 replies
However, financial freedom isn't just about replacing your current income.

19 June 2024 | 18 replies
A DSCR is a debt service coverage ratio loan (against the new property) and effectively uses a proportion of the current or proposed rental income to qualify.

17 June 2024 | 15 replies
California tax burden - Due to the clawback provision, you don't get a full break from the higher income taxes in California if you sell in another state later after a 1031 exchange.

17 June 2024 | 3 replies
If we purchases a home as an investment property, build a DADU, and sell the home and DADU (around 12 months after the purchase), what's the best strategy for tax saving?