Robert Mendenhall
What kind of numbers are you looking for in owner occupied duplex?
28 February 2024 | 4 replies
It pays the taxes, the water and sewer, and the cost to heat the property while leaving some for maintenance.
Ricky McCoy
Refinance portion of BRRRR
1 March 2024 | 10 replies
DSCR refinance are not under Fannie/Freddie products, and the qualification process is based on rental income and PITI, rather than W-2 and tax returns.
Christopher Stevens
5 Raleigh Lane, Alexander, AR
1 March 2024 | 1 reply
I would like dabble in Texas, but the high property taxes along with high mortgage rate make it difficult at the moment.
Nadia Daggett
Foreclosures starting to pop up
1 March 2024 | 13 replies
On the HUD site there are 1,128 Sheriffs Sales, 1,392 Foreclosures, 89,031 Bankruptcies and 222,031 Tax Liens with a map and the amount in each County.
Costin I.
What should one use for the home basis value in a CSS?
29 February 2024 | 8 replies
Tax Assessment – tax assessment for the property in question shows Land @ $48,920 and Improvement @ $174,300 (or a 22%/78% distribution from the total tax assessed value of $223,220).Wouldn’t be fair to use the $174,300 valuation as the basis for the CSS?
Mike Arias
Home Value when converting primary to rental
29 February 2024 | 4 replies
I have read Amanda Han's tax book (first book) and started on the Advanced Tax Strategies and don't really see this mentioned.
Bailey Coleman
Pad Split In Cleveland?
1 March 2024 | 15 replies
It's known for it's strong appreciation factor, low taxes, and also because it is a land-lord friendly state.Have you invested in the Cleveland or Columbus market before?
Jay R.
Using your SMLLC to be your Partner on a New LLC Entity
29 February 2024 | 4 replies
I wanted to form a new multi-member LLC Taxed as a Partnership.
Julia France
CPA Tallahassee FL recommendations
29 February 2024 | 3 replies
Generally, the location isn't as important as finding a tax professional that is knowledgable.
Nathan Moore
Fourth single family home investment
29 February 2024 | 0 replies
I didn’t change anything to the house but again decided to rent it out completely while I live abroad to take advantage of tax breaks.