Every accountant thinks that knowing the numbers and taxes is what makes a deal work.

You’re already at $360k with Reno and lost rent, $6,000 in mortgage payments plus a thousand in taxes/insurance, another thousand for utilities.

Tell them they pay attorney fees $7000, notary fees $400 for two people two locations, recording fees $100, any title or taxes it will slow down the desire to make changes. 

My question being, if I asked to be a 1099 employee instead of a W2 employee, would i qualify as Reps for taxes since I self-manage and take care of all of our own rentals yearly?

Noticed it was abandoned, researched courthouse records, determined it was adjudicated to the Parish for non-payment of taxes, submitted purchase request to the Police Jury for amount of back taxes, made required notifications by mail and newspaper, waiting mandatory days for owner to redeem, and when redemption period expired, closing occurred at Police Jury Office.

The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Taxes have to be collected somewhere.

I'm think on starting on to obtain government listing (pre-foreclosure, tax liens, water shut off, etc) and also probably call or text Real Estate Agents on listings they might have that aren't on the MLS.

.- We have taxes skyrocketing.- Cap rates are still lower than interest rates.