Austin Latty
Advice on first flip
30 January 2024 | 11 replies
Document everything, personally I use a CPA for my taxes.
David Walton
1099 Filing Question
30 January 2024 | 5 replies
I have a tax question to run by you before speaking to an accountant and paying a fee for that!
Mary Pastoral
Airbnb guest problem: unauthorized guests and possibly a party
29 January 2024 | 18 replies
I get the OTAs agreement on this and verify with them that I can evict with no refund.
Daria B.
1031ing into a property that needs some rehab
31 January 2024 | 9 replies
I realize the net sale going into the exchange property needs to be at same amount or if below (cap gain tax will be on sale $ not used for purchase).Cheers!
Bruno Torres
Home is not renting!
30 January 2024 | 16 replies
I have been showing the house since the beginning of November and i've shown it to about 50 people so far, I've had 0 applications.My house is priced at the higher end and this is because i have very little cash flow The advantage of being a landlord is the equity that i'm building by covering property tax, insurance and mortgage with the rent price.
Milt Constantine
Moving expenses and tax deduction?
28 January 2024 | 6 replies
Can I deduct my moving expenses on next year's tax?
Andreas Mueller
Green Shoots in the Housing Market for 2024
31 January 2024 | 0 replies
It’s a relatively stable and reliable market with above average growth and tax advantaged gains.
Account Closed
Ready to refinance and repeat
30 January 2024 | 12 replies
When calculating the income-to-expenses ratio (also known as the DSCR), you would want to consider your: Rental Income, Principal and Interest Mortgage Payment, Cost of Taxes, Cost of Insurance, and Cost of Management fees.
Swaga Deb
Rental increase in Palm Springs for long term renters
30 January 2024 | 7 replies
Those that respond “$0” or something ridiculous, you can request income documentation from them to justify.Don’t be afraid to share with them how much your property taxes & Insurance increased and that YOU cannot afford to absorb them.ALWAYS get an increase or something of value annually or tenants will start thinking they should never have an increase, making future increases that much more difficult to negotiate.
Patrick Flanagan
Building new multi family units
1 February 2024 | 17 replies
Which I’m targeting properties that have tax liens on them with the correct zoning.