STR is a great way increase rental income and even access some substantial tax benefits. 

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 

Hello BP community, I have a question regarding Prop 19 property tax rules. 

To whom tax attorney's or CPA's... 

My client wants to buy out his other two siblings but is also looking to avoid a property tax reassessment.

We live on my family ranch that is paid for just have to pay property tax and insurance in California.

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

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.

Running the numbers includes calculating the ARV, and estimating the following: rehab costs, closing costs (I use 10% of ARV, that will cover a buyers and sellers commission at 3% each and 2% closing costs on each of the buy and sale), funding costs, staging costs, insurance cost, property taxes while you own it, utilities while you own it  Other tips:Stage every house you flip unless we get back to a stupid market like we had two years ago where you got 20 offers on the first weekend at $50k over ask with no inspection contingencies.

His house has high capital gains taxes (bought it 1983) and low property 19 (CA) tax base.