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25 March 2024 | 3 replies
I dont think the terms allow me to post a link but here are some basics.Has been occupied avg of 17 days per month since Sept.managed by a top tier company and has 4.8 star avg reviews.Also would be a good family home (large private lot, fenced yard, hot tub).It has the benefit of being near Austin downtown, but NOT in Austin city limits (9 miles to city center), so lower taxes and no STR rules (default to Travis County rules).I have read the forum posts for similar situations, however every market is different.
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23 March 2024 | 9 replies
Having one asset per LLC will drive you and your accountant insane and when you realize they charge like $1000 min for LLC returns and you have 5 LLCs that the $5k tax will eats up 1/2 your cash flow you will be like oh boy…
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25 March 2024 | 4 replies
You have LLC fees, additional tax filings to have it be a pass through entity and all for what?
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26 March 2024 | 39 replies
You still get principal paydown, tax benefits, and appreciation.
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22 March 2024 | 1 reply
Hello everyone, I currently own a house and about to start renting it but I've been wondering about tax liens as a back up plan and I know nothing about it and the podcast only has one episode that I've found (which I would love more).
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25 March 2024 | 4 replies
I also personally would shoot for 1.2-1.4% in the suburbs due to the higher tax rates than in the city.
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25 March 2024 | 26 replies
So, I'm filing a claim with the DRE and the NMLS against FMC Lending hoping no one ever has this experience with them again.
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24 March 2024 | 4 replies
The pre-settlement era seemingly encouraged buyers to self-represent, lured by the possibility of claiming the buy-side commission for themselves.Now, with this incentive structure altered, it will be interesting to see how the dynamics and strategies of unrepresented purchasing change in the current market.
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25 March 2024 | 3 replies
However, they will not receive any tax deferral through a 1031 exchange unless they buy one or more of the identified properties on their list.
24 March 2024 | 13 replies
The home was going into foreclosure because Larson owned over $11,000 in delinquent property taxes.