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16 February 2024 | 12 replies
Everything weighs in.Step 2: Highlighting the Tax BenefitsTax breaks are a big inducement for many investors.
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16 February 2024 | 4 replies
Also, if you are given 3 weeks before bids are due, that would be a good time to check property-tax and other publicly available information, rather than trying to fade you bid after you've tied up the assets for a month.
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16 February 2024 | 1 reply
Looking forward to the passive income but also to the tax benefits
16 February 2024 | 15 replies
It might give you peace of mind as a newer / smaller investor, but in the end you have a problem you want to solve (taxes and being compliant), and if your tax guys owns a duplex will have no impact on his ability to address those issues.
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19 February 2024 | 28 replies
The associated costs, such as increased insurance and property tax, could pose a challenge under this model as well.
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16 February 2024 | 2 replies
Similarly, there's a divide on whether taxes should be included or not in determining NOI.This lack of consensus has left me scratching my head.
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16 February 2024 | 6 replies
The total monthly payment will be pretty close to this: P&I - $1,295, Taxes - $420, Insurance - $175, PMI - $220, for a grand total of around $2,100/m.
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18 February 2024 | 20 replies
If you're looking for a landlord friendly state with lower taxes and a market with lots of potential for appreciation, Columbus could be a good fit.Best of luck as you start out!
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16 February 2024 | 6 replies
https://www.biggerpockets.com/forums/530/topics/1056436-clearing-up-confusion-on-tax-treatment-of-short-term-rentals
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16 February 2024 | 26 replies
Roth IRA distributions will be tax free.