
11 March 2024 | 11 replies
Though the units are collecting income now, there may be issues in the future that come up.

8 March 2024 | 4 replies
I've heard you can designate a family member as an employee and avoid taxes if you keep their income under a certain limit.

8 March 2024 | 2 replies
Are you talking about what would be deemed as income to determine if benefits are taxable?

12 March 2024 | 105 replies
a bit north of Homestead ave.. for 1.4 I think and put 2 to 4 apple engineers in each room for 1k each.. so 8 to 16k income per house..

11 March 2024 | 4 replies
The only caveat with that though is that local tax can be especially tricky for professionals to navigate as many don't even know that they exist given that they only exist in a few states for income tax.

11 March 2024 | 14 replies
If you dont have any verfiable employment / income - you might not be able to obtain traditional financing .

12 March 2024 | 250 replies
Fannie Mae research shows that low-income and first-time homebuyers pay disproportionally more in closing costs.

10 March 2024 | 9 replies
More details:Mortgage (principal + interest): $2930/moProperty taxes: $15K/yearHome insurance: ~$1K/yrCost of home ownership/month: $4280/yr (not counting for any tax deductions related to the interest and property tax)If I account for $20K of interest and $10K of property taxes as an income deduction, then I can reduce the cost by ($30K x 35%) divided by 12 = $875 per month = $3400/mo cost of owning the houseRental income after 35% federal income tax + 9.3% state income tax = $2618/month (!!)

11 March 2024 | 12 replies
Though growth markets are attractive for the appreciation, I would balance it with some cash-flowing properties (in income markets), or properties in hybrid markets (where you can some cash-flow and some appreciation).

11 March 2024 | 27 replies
Some people want passive income and max performance.