if you do 75% ARV cash outs  ( I think you can get that )  figure on at least another 5% in loan fee's closing costs etc .. along with taxs will need to be current insurance etc.

Very high property tax rate, crazy high water bills, choking regulation, and bad tenants.

I am looking to purchase a property in 35749 zip code in alabama, am trying to calculate property taxes and insurance, I got some estimates from my realtor ,just want to do my due diligence and check them, am using the below to calculate the property taxes, it shows .45% and do you have any contacts I can call to get a property insurance quote?

All the benefits of living near CA but no state income tax.

Thanks to the Cost Segregation Study, the property investors accelerated the depreciation that the first year depreciation was approximately $182,900.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

It is very hard to find a lender that will help include this income prior to it being on a tax return for 2 years.

You may find buying what might appear to be a lesser cash on cash return rental asset that's held long enough to take advantage of more efficient long term capital gains tax treatment, while paired with the benefits of the depreciation might yield a better after tax return than flipping a home.

(we once paid $1800 to a big name plumber in town to replace 6in of plastic drainpipe under a stand alone tub). 3) We need better understanding of the legal structure (LLC) that we should have in place for our property, and also a tax advisor (CPA) to help with understanding deductions.

But selling today might mean you get taxed on 100% of your Cap Gains.

You should have billed them back for the damage at the time the sale as any other monies owed under the lease like a late fee.