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18 April 2024 | 2 replies
Hello Bigger Pockets Community,I'm currently engaged in cold calling homeowners whose properties are nearing tax sale, and I'm encountering numerous LLCs that have forfeited and are inactive.
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17 April 2024 | 13 replies
TIA I look at these things the most when looking for BRRRR cities - Rent-to-Price Ratio: Look for cities where the average rent is high compared to the average mortgage cost- Population and Job Growth: Focus on cities experiencing steady population and job growth, higher than national average- Availability of Distressed Properties: Look for cities with a supply of pre-foreclosures, short sales, and abandoned propertiesNormally bigger cities in those states should do well, houses are still somewhat affordable (comparatively) and if you do a big rehab it'll pay offThank you, @Mary Ainsworth for very valuable tips!
18 April 2024 | 83 replies
Low taxes and regulations.
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18 April 2024 | 3 replies
., tax savings) might be more important than immediate cash flow.
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18 April 2024 | 8 replies
I gave an owner $4500 to stop a tax foreclosure on his property in exchage for an Option to purchase it for 18K sometime in the following 10 years.
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17 April 2024 | 8 replies
Hi everyone, I filled my taxes jointly for the first time.Tax guy said I can't write off any repairs/upgrades because my wife and I W2 income is over $150,000.Is this correct?!
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18 April 2024 | 6 replies
Get ready for the property taxes to jump after you make the purchase.
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17 April 2024 | 16 replies
CA taxes residents on worldwide income but may provide a credit for taxes paid to other states.
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18 April 2024 | 6 replies
If you pay market rent and your tenant in the other unit does too will both rents cover the loan, insurance, taxes, maintenance?
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17 April 2024 | 18 replies
Yes, but you will be subject to UBIT taxes.