Keep in mind you have to pay taxes on that income as well it doesn't automatically come out. 3) I think as a macro market if rates actually do come down we will see another surge in spring/summer and strong market pricing.

Maintenance costs in a resort area can also be higher than in non-resort areas.Regulatory Environment: Local regulations regarding short-term rentals can change, impacting your ability to rent out the condo or imposing additional requirements or taxes.

The city itself was very limited in tax revenue for decades because of its small size. 

We'd estimated rent to be around 4000/month – after mortgage payments and property taxes, we'd be left with only $700 per month of cash flow.

We are looking for recommendations of CPAs with experience with STR and real estate taxes in Puerto Rico.

DSCR REFI qoute loan amount: 112,000rate: 8.99points fees and cost: 11,576cash out value: 16,424Bridge loan. 84,000 interest only 12 months at 11.99% property will rent for 2000 at a 1.76 DSCR score. thank youThe low loan amount is driving some of the cost and limits the lenders that will take it, but we just closed a similar loan (94K) and the total fees were:3 points or $2,820 to US Commercial-no additional fees like processing etc... came to us.Lender's underwriting fee $1,395Lender also charged interest reserves for $2,820Appraisal to a third party $550Credit report to a third party $45Hazard insurance for $1,733Escrow for taxes and insurance (just 3 months were required) $687.98Title charges equaled $2,702.75 which included a the government recording charges and a mobile notaryAll of those total up to $12,753.73. 

I met someone at a meet up who helps set up LLCs so you remain anonymous but he is not a lawyer.

Look up the tax bracket and help show the seller how much money they would be giving away in taxes right off the bat from that $160k (unless they are doing a 1031)All in all.

If they have lived there for 2 of the last 5 years, they could do Subject To, Contract for Deed, and probably get the tax exemption.

I'm looking to for a personal property for myself, I found a really cheap 1br co-op unit.. this is in New Jersey.. especially in the area wont find single family or townhomes, under 300kThe price of the co-op unit is around 130k, but co-op wants a cash purchase also the fees are $600 a month which are the taxes and HOA feesyou have to live there 1 year before you can rent the property out.. rent for this unit goes for $1600 a month my plans were to live there for 1 year and then rent it out.