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13 February 2024 | 5 replies
Yet, interest payment on mortgage offsets the rental income (I don't want to pay income tax on rent), and there is a chance of refi later.
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13 February 2024 | 1 reply
These associations often have meetings and events where you can learn about the market and find potential deals.Public Records and MLS: Look into accessing public records in your area to find properties that might be in pre-foreclosure, foreclosure, or are tax delinquent.
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13 February 2024 | 19 replies
STR is a great way increase rental income and even access some substantial tax benefits.
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11 February 2024 | 1 reply
Hello BP community, I have a question regarding Prop 19 property tax rules.
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13 February 2024 | 9 replies
Single family home in class C area: Buying for $141k $20k solar loan paid @ $90/monthRehab of $12k to get rent ready Rent amount of $1,250/month Would appraise for $200k _________________________So, all in at $154k, which is 77% of ARV Rent - insurance & taxes = $1,150/month
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11 February 2024 | 5 replies
To whom tax attorney's or CPA's...
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11 February 2024 | 6 replies
My client wants to buy out his other two siblings but is also looking to avoid a property tax reassessment.
13 February 2024 | 1 reply
Hi Guys, Need some help.I own a condo and a triplex (both put down 20 percent in December 2021)They are both on variable interest (which was a terrible move looking back now as both monthly payments have gone up by at least $1000.I work in real estate as a project manager for renovations on apartment units.How do i make real estate investing (on my own) or another career path in real estate an option as i want to work for myself.I am from canada and would love to learn more on analyzing properties, tax strategies etc.thanks
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11 February 2024 | 1 reply
I'm not a CPA, but a big kickback from sellers that have a ton of equity is they do not want (rightfully so) their property taxes to increase when they trade their home.
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11 February 2024 | 3 replies
His house has high capital gains taxes (bought it 1983) and low property 19 (CA) tax base.