Share your assumptions below for a tailored model and insightsNeeded: Rent, Rental Growth, Occupancy, Interest Rate, Loan Amount, Property Tax, Maintenance Expenses, Purchase Price, sum of all Closing Costs (including commission), HOA Fees, and Renovation Costs.

The best differential between NY/NJ investing and PA are the taxes.

I would like to know if this is a deductible expense on my taxes.

This is pulled from an amortization schedule of the loan from the $450,000 house at 6.625% interest rate.

Im not familiar with the specifics of the USA + Mexican tax treaty, but this article is a great place to start: https://www.cpasforexpats.com/post/us-mexico-tax-treaty#:~:text=The%20US%20Mexico%20tax%20treaty%2C%20signed%20in%201992%2C%20serves%20as,according%20to%20their%20respective%20laws.

The house is a 3b/2ba 1,895 sq ft home but an additional sunroom built in which brings sq ft up to 2,055 (based off tax records my agent found).

For commercial, you can also negotiate the amortization schedule (the longer the better), interest rate, pre payment penalty etc.

Hi, if my wife becomes a real estate agent in New York (we live in NY) and we buy properties in other states such as Florida or Georgia, can we use segregated deductions on houses we buy outside of New York in order to pay less income taxes from my earnings?

I'm trying to learn more about capital gains tax when selling a rehabbed home or refinancing for the equity.

Every day I wake up to look at Google News and there is at least one article about Foreclosure, or Fixed Income Tenant can't stay where they have been from before the Covid or the Widow who has lived in the 2/1 house for 50 years cannot pay the increases in Property Tax, Home Owner's Insurance, Lights, Water and everything else.