Steven McPherson
Need advice on evaluating half-acre lot
5 February 2024 | 9 replies
check the tax records
Craig James Conrad
Can I set the maximum number of tenants in a Mobile Home?
6 February 2024 | 8 replies
I called the county, and was told: (a) that "cove" doesn't meet the *current* definition of a bedroom, BUT for older MH, they go by what the manufacturer classified it as when it was sold; (b) the property tax listing for the lot identifies the MH as "personal property", so doesn't identify the number of bedrooms and baths; (c) the septic permit was made for a two bedroom residence.I have failed in my many attempts to locate any records as to how the manufacturer described this originally.
Lori Edelman
To sell or to keep my condo?
5 February 2024 | 10 replies
By being outside the city (the city line is a few blocks away), you save on city wage tax.
Kevin Kramer
Should I sue my former contractor?
5 February 2024 | 13 replies
Insurance is generally the best way to recover in the event of a loss, but most contractors carry insurance that only covers property damage or bodily injury liability meaning even if you are successful and obtain a judgment, you are reliant on the GC to make good on a payment.
Jarred L.
Confused Beginner real estate investor
5 February 2024 | 3 replies
my monthly income barely breaks even with taxes mortgage etc..any advice is appreciated. thanks
Pavan Kumar
Equity Investment - SFH, is this a dumb Approach?
5 February 2024 | 6 replies
I can put down 25% considering this will be a secondary home.Reason for considering SFH - No prior RE experience, Tenant Class, Newer construction - no existing problems,newer townhomes are priced starting at 420k$'s ( higher HOA and still has a shared wall) Looking at 4000$ max as monthly expense( mortgage+insurance+HOA+ Property Tax ).I say expense , assuming the residence is not occupied immediately (Vacancy) .
Kenneth Fernandez
Texas Subject Matter experts - for 100% disabled veteran
5 February 2024 | 4 replies
I am 100% Disabled veteran so i don't pay property taxes, God I love Texas, but will that apply to the second home too?
Arabella Palma
Looking for advise- 1031 or DSCR-refi/cashout and purchase?
5 February 2024 | 4 replies
Thats an easy fix DSCR all the way we do not look at income or employment. 1031 allows you to move the funds into the next property tax free.
Deborah Frantz
Tax question on a rental property that was bought through a housing program.
3 February 2024 | 3 replies
The net proceeds would be the actual amount you received after deducting the payment to the program.It's advisable to consult with a tax professional to ensure that you accurately report the sale on your tax return, taking into account any payments or obligations associated with the program.
Alex Bush
HOA and renting by room single family. How is it even possible???
6 February 2024 | 26 replies
What's wrong with it is that you have a massive, massive liability case if one of your tenants kills and eats another.