Rob Hendricks
Do carrying costs increase cost basis?
14 March 2024 | 4 replies
Carrying cost loan (closing costs on loan and interest), utilities, etc can be written off from a tax standpoint to reduce your liability/
Craig Barragry
HELOC/AIO for Personal Use
14 March 2024 | 1 reply
Are there any tax implications or other considerations if we use this loan for our personal home project?
Valentino Sierra
Active duty (First house buy questions)
15 March 2024 | 4 replies
It can be used as income the year after you collect if filed on tax returns and offers deductions as well to offset monies owed.
Dan C.
Firing Evolve to Self Manage - Relist During Off Season or Peak Season?
15 March 2024 | 7 replies
Off the top of my head, I believe I'm paying them around 18% total commission (they charge 10% on all taxes, fees, cleaning etc).My question is - Should I relist my property now during dead season or wait until peak season?
John Ba
Joint Rental with Father !! How to split income.
14 March 2024 | 2 replies
The LLC is a passthrough entity for tax purposes, meaning the losses/gains will show on your tax return.
David Franza
RE Taxes Paid by 3rd Party
12 March 2024 | 2 replies
A client of ours had delinquent taxes and the property was scheduled for a Tax Deed Sale.
Paulette Midgette
Does Anyone Know Anything About South Carolina Personal Property Tax Returns
12 March 2024 | 3 replies
I recently received a personal property tax return.
David Ounanian
How can I maximize profits when selling an investment property?
14 March 2024 | 0 replies
-Consider offering incentives or concessions if offers are not being submitted.Tax Planning:-Understand tax implications and consult with a tax professional.Pre-Sale Inspections:-Conduct inspections to address potential issues beforehand.Remember that every real estate market is unique, and the effectiveness of these strategies may vary.
Emory Prior
New to Wholesaling
13 March 2024 | 3 replies
Quote from @Emory Prior: I understand the concept of wholesaling, and I've found a property I want to go after and find a buyer for.
Sailin Li
What's a Good Area? Looking to Purchase First Investment Property
15 March 2024 | 14 replies
Also 4th quarter of last year Packwood and county officially did discuss potentially regulating STR's by either limiting numbers or adding a tax to cover increases in local services that are needed.