Jeffrey McKee
Talk about a House Hack! Millionaire living on Galveston Island, Texas
7 March 2024 | 12 replies
We spent 10 years and then sailed away on a sailboat paid for with tax free dollars, 3 waterfront vacation rentals paying for the sailing, and a custom built dock in the back of one for when we were in town.
Devang Patel
Is this the time to be selling your rentals
7 March 2024 | 38 replies
capital gains tax, seller commissions , other fees, etc?
Hunter Gibson
Looking to Grow My Rental Portfolio
8 March 2024 | 6 replies
At some point 8-10 years did a portfolio loan with good tax returns and ended up using a lot of cash and that loan to buy 2 strs in Myrtle- ocean lakes. we currently have 20 units and Two are str's.theres really no short cut, we built a ton of equity by buying at the right time and fixing up ourselves (I'm a contractor).wr bought the two strs in 2020 and 2022.
Natalie Stanley
How many single family rentals do you keep in one LLC?
5 March 2024 | 28 replies
I have heard that I should have an LLC for each home but it seems administratively burdensome to have 100 bank accounts and 100 different tax filings, credits cards, checkbooks, etc...
Andrew Hinspater
LLC in State or Out of State?
5 March 2024 | 4 replies
Have the deed holder be an entity (the exact entity and state of filing should be determined by your legal counsel with input from your tax professional). 2.
Josiah Mouw
Split of proceeds with joint tenancy where home is primary residence for one of them
7 March 2024 | 0 replies
Just trying to understand tax implications.
Frank Agyeman-Duah
Travelling Nurses Rental
8 March 2024 | 21 replies
Also note, the military and all government employees on assignment are usually exempt from occupancy taxes if they can present you with an exemption certificate.
Joe Mills
Valuing mobile homes
7 March 2024 | 14 replies
Taxes would be around $500/year for the land only.
Brad Wood
How to appeal property tax assessment increase in DC
5 March 2024 | 1 reply
For the District of Columbia, is there a template or any advice on what works to challenge property tax assessment increases?