Rob Trufant
Advice Request for First Time Homebuyer Looking to House Hack in Pittsboro, NC
22 March 2024 | 11 replies
How much should I budget for taxes on rental income (For example if mortgage and fees are an even $3000 per month, what should I actually charge to breakeven after taxes, much less cashflow)?
J Newman
Loan from 401k when retired
22 March 2024 | 5 replies
Failure to repay the loan according to the plan's requirements could result in penalties and tax consequences.Tax Implications: While 401(k) loans are generally not subject to income tax or early withdrawal penalties, there can be tax implications if the loan is not repaid on time or if your husband defaults on the loan.
Megan Roop
1031 Strategies for Las Vegas Market
22 March 2024 | 12 replies
We are leaving CA for tax reasons and because the distance of maintaining properties was getting to be too much (there were not great property managers or contractors so we were having to travel back for everything).We have made a few offers on 4plexes in Las Vegas but have not found the right property yet.
Ricardo T.
Should I sell to scale the value of portfolio
22 March 2024 | 13 replies
To make the best choice, carefully calculate the financial implications, align with your long-term goals, research the market for larger buildings, and seek advice from a tax professional to navigate potential tax impacts.
Jennifer King
Would love to get a wholesale template that has been used in MD
22 March 2024 | 23 replies
We all know these laws are coming, it's just hard to keep up with what every state is doing and when.
James Haywood
Ongoing Investment Analysis for Owners?
22 March 2024 | 5 replies
Accurate books for a seamless transition during tax time. 2.
Rodney K. Cotton
Need 50-60% 1st position loan to go with my seller carry financing 2nd lien
22 March 2024 | 5 replies
You’re up $15k while one of these two lenders pays taxes/insurance and 1st position tries to foreclose.
Daniel Semaan
Seeking Advice on BRRR and other REI Opportunites
20 March 2024 | 3 replies
Any current roadblocks including time-to rehab permits being issued, local landlord laws/trends, property tax to rent YoY trends, etc.
Mary Jay
When would you buy a property with a negative cashflow?
22 March 2024 | 88 replies
That's not including tax benefits.
Liad Amir
Condo vs house
22 March 2024 | 12 replies
Pays for my prime resident taxes, and living expenses.