Brandon Gamblin
Can someone help me clarify this idea about buying multiple properties?
31 March 2024 | 2 replies
So here goes:I understand that as real estate investors, we know that it's about buying in the right market, with the right strategy and with the right financing.
Michael Moreno
Seeking Tax Advice for Beginner Real Estate Investor
30 March 2024 | 9 replies
I understand that as one acquires more types of assets, taxes can become more complex, and I want to ensure I'm maximizing my savings.Are there any CPAs in this community who also own real estate and could offer guidance or share their experiences in navigating taxes as a real estate investor?
Account Closed
Deductions for Investment Interest Expenses by Kislay Shah CPA
30 March 2024 | 0 replies
However, like other tax rules each situation is unique to each individual and there are regulations that must be followed for the deduction to be applicable.What is an Investment Interest Expense?
Mike Gratzmiller
Buying Points Down
30 March 2024 | 24 replies
that's my real question... the follow up question is... do you think it's worth $3,150 to go from 6.275 to 5.75 on a 30 year traditional loan?
Talia Bollard
Looking to buy a second investment property
31 March 2024 | 5 replies
You can have a realtor involved in seller financing, but it usually does not work out because they don't understand, which is what you may have meant in terms of a realtor knowing how it works.If you paid off your first house, what is your savings?
Chris Dee
Would you pay above appraised value?
1 April 2024 | 20 replies
In order to get into the number that seller wanted the appraiser used the following values: a bedroom = $10k, 1 br apartment = $5k, 2 bedroom apartment (above grade) = $15k, bellow grade 2 br apartment with no kitchen = $25k.
Anna Watkins
My recent Tax Lien Auction experience in Tennessee - lost, but got an education
30 March 2024 | 18 replies
Final bid was $5,500, and I figure the total taxes owed are around $5,000 including court fees and interest.I'm kicking myself because, in hindsight, I see I didn't completely understand the process.
Jamie Banks
MTR Summit Recap
31 March 2024 | 12 replies
It may also be dependent on when you catch them so it is helpful to follow up every so often.
Dan Becker
Legal/Tax Suggestions for Seller wanting to preserve step-up tax shield benefit
1 April 2024 | 10 replies
Take a look at this blog post, you may be able to better understand your seller, anticipate their pain point and provide a solution they haven't considered.
Atuli Papuashvili
Building Permits: Owner vs. Contractor Responsibilities - What's Common Practice?
30 March 2024 | 2 replies
You will have to follow the procedures within the municipality where the permit submission is located.