Sean, I recommend finding an accountant who specializes in real estate taxation over one that is local.

Acreage is 0.89 in a c+ neighborhood 4 Plex stand alone houses rents all at 850 Purchase price at 450k FHA with property Tax at 3600 annually Premium insurance at 307 monthly APR at 4.79%Interest at 2.99%Assumptions: vacancy at 5%, cap ex and repairs at 5% My thoughts running the numbers it’s “bad deal” however this property could fit commercial requirements with an option to build 2 more units.

The most common fees are:~ acquisitions fee (paid to syndicators once the deal closes)~ asset management fee (paid yearly/quarterly from property’s net income)~ disposition fee (paid once the property is sold)This fee structure can bring a conflict of interest between the syndicator and you, the passive investor.

AT&T's price has been stable for years, but you get about $.50 per share per quarter consistently for years as well.

Anthony, I recommend finding an accountant who specializes in real estate taxation over one that is local. 

@John PruchaThe unique thing about Ohio taxation is that the state has a lot of "locality returns".In addition to filing an Ohio state tax return, you may need to file a city tax return.Since you mentioned you have an LLC with more than 1 member - a partnership return is required to be filed.Partnership returns are due on March 15 with the ability to extend to September 15.One positive for you is that the partnership may not be required to file a Colorado partnership tax return if there is no property, payroll or sales within the state(it looks like all the activity is within Ohio).Good luck in your search for a CPA.

In the bottom middle picture, you see a gap between the wall and the flooring, the board was mistakenly cut short, but not too short to have been covered by the baseboard installed over it and the shoe molding/quarter-round that finished the floor.

Want to basic or everything related to real estate like construction, taxation etc.?

I’ve been seeing quite a bit in my research about “double taxation” and trying to see if that is accurate or not.

Is therr any taxation on COO or reset on prop.