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18 June 2024 | 15 replies
Would it be better to 1031 both of these or one of these into a different house in a different area.
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16 June 2024 | 11 replies
Start low if possible, offering yourself to the companies, and listen a lot of podcast from people that did this.- Partner is always better, but to put your name out there you have to do it yourself.
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17 June 2024 | 5 replies
Not saying you should do a bad deal, just that literally any property will make a huge difference in your take home pay, I'd be analyzing them differently than you would if you needed the cash flow.
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17 June 2024 | 2 replies
I contacted the power company, and they directed me to the tax assessor's office to inquire about obtaining a separate address for the pool house.
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17 June 2024 | 2 replies
If you decide to do this make sure to plan ahead and track the income and expenses separately for each unit since LTR tax treatment is different than STR.
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17 June 2024 | 0 replies
The first step toward this goal is for the city council to recognize the harm caused by maintaining a high commercial tax rate, which drives companies away from the city.Hopefully, we can explore more avenues to generate employment opportunities for Worcester residents, empowering them to work and sustain themselves.
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17 June 2024 | 8 replies
Allow the bank to do the work rather than you needing to track money intended for different purposes all mixed into one pot.
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18 June 2024 | 0 replies
However, purchasing the property outright in cash would yield different outcomes.
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18 June 2024 | 11 replies
There are different types of investment properties, such as multi-family properties, single-family homes, and beach houses/student housing near universities, which offer income diversification, house hacking potential, and scalability.