Paul Lucenti
Philadelphia Tax Center + Eclipse issues
4 March 2024 | 4 replies
Hello everybody,We purchased our 4th investment property and now we cant get a rental license because we are not compliant with Philadelphia tax center.
Karthik Jayaraman
Planning to sell my condo. Right decision ?
6 March 2024 | 6 replies
I am getting only 1.5% returns without taking into account the equity building portion.Mortgage tax write off is 0 as I currently pay mortgage on my primary residence.I have used this property as my primary home for 2 years in last 5 years.
Oli Cimet
House Hacking in the Bay Area - Advice for a Newbie
6 March 2024 | 16 replies
Alameda County has high property taxes and there are 25 special assessments on Oakland property tax bills.
Mario Richardson
Tax Professionals Recommendation
4 March 2024 | 8 replies
I'm asking for recommendations for a tax professional in/Near South Atlanta experienced with investors.
Andrea Burke
Unoccupied house offer
6 March 2024 | 3 replies
Taxes are deferred but not avoided. * What happens if the owner carries the loan for us, and then we later sell the property to someone else?
Brynanh Sledge
Thoughts on Kris Krohn?
7 March 2024 | 14 replies
Like the Tax sale Overages I think Diamond is recirculating that one.
Greg W.
5 year lookback period - Non Qualified Use Question
6 March 2024 | 2 replies
With a ton of equity, and by all means, we are wanting to take advantage of the 500k tax exclusion if possible.There is also a probability that we will move back into this home in the future, let's say in a few years or so.
Jesse Grim
New to this and hoping to find some helpful tips
4 March 2024 | 2 replies
Conventional mortgages require higher FICO, reserves (money set aside to pay the loan), tax returns...just on that note, they typically won't count any income from the property rents until that money hits your tax returns for 2 years.
Zachary Bellinghausen
401k Swap to Self-Directed 401k
6 March 2024 | 7 replies
Rollover from your old employer 401k into self-directed Solo 401k is not a taxable event and wont' affect your taxes.
Sebastian Giraldo
Investors: Thoughts on this Miami, FL 4-unit deal!? My goal is to BRRR in year 1-2.
6 March 2024 | 4 replies
Sales price: $900,000Seller finance: $400,000 / 2 year ballon / 7% interest rate / interest only monthly payment: $2,333 / no pre-payment feeEstimated monthly income: $9,300 / Annual: $111,600Electric separated - water $450 per monthProperty taxes: $16,700 (with property value assessed)Property Insurance: $6,300Renovation Repairs $150,000I anticipate the Re-fi appraisal to come in at a conservative $1,150,000.