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29 January 2025 | 24 replies
You'll also need to show stable income for the past two years through W-2s or tax returns.Talk to 3-5 lenders to compare their rates, fees, and terms.
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22 January 2025 | 10 replies
So all of the gain and depreciation recapture are initially still tax deferred.However, like Joe said, the down side is later when sold you lose the 1031 option. the client will pay tax on all gain and depreciation recaptured from before the 1031 also.
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21 January 2025 | 5 replies
I am looking to purchase real estate for both investment purpose as well as to offset as much tax liability as possible.
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29 January 2025 | 3 replies
I make around $110k+ per year, live off around $75K, have a mortgage ($1900/mo for rent, escrow, tax), around $40K in equity, and no other debt.
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28 January 2025 | 3 replies
I just started using it and so far the owner info matches up with the county tax info.
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26 January 2025 | 2 replies
Taxes/Insurance- depends a lot on where you are located.The homes themselves- POH or TOH?
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4 February 2025 | 11 replies
An ITIN is often required for tax purposes when earning rental income in the US as a non-resident.Please feel free to PM me with any questions.
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3 February 2025 | 9 replies
I've been knocking on doors, there is one that seems like it's abandoned, however despite finding the owners name from tax records I cannot seem to get in contract with them to make an offer (despite trying x, y and z).
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18 February 2025 | 35 replies
Also I would buy tax deed land for say 2k sell it a few months later for 10k on terms that was my cash flow.
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15 January 2025 | 5 replies
Hi! I have a short term rental property. It's a 5th wheel located at a campground. It does not get moved. Will the RV be depreciated at 5 years or 27.5 years? I am unable to find anything giving me a for sure answer. ...