Nikita Baynard
Our First Endeavour
23 February 2024 | 8 replies
Purchase price: $430,000 Cash invested: $10,000Seller Financing 10% down payment, 5% interest rate.
Ori Skloot
How Much Do You Pay your CPA for Tax Preparation?
23 February 2024 | 14 replies
I've done quite a bit of market research when trying to standardize our pricing, and these are the market rates I've found.
Account Closed
Seasoned Real Estate CPA Expert Answering all Questions on Investing Tax Strategy
23 February 2024 | 65 replies
Here's a breakdown:Taxable Income Calculation:The portion of your rental income that surpasses the combined sum of depreciation and deductions contributes to your taxable income.Tax on Excess Rental Income:The excess rental income is subject to your regular income tax rates.
Akono Hite
Circumstances have changed since my last post. Same property, same dilema
22 February 2024 | 7 replies
I refinanced it once and brought the rate down to 3.5 and then another time and brought the rate down to where it currently sits at 2.75%.
Tyler Robbert
Questions for MLOs
23 February 2024 | 4 replies
It's easier to enter a real estate office and learn the terminology there then switch when you can show you have skills to offer.A mortgage lender is going to pay $11000 for every loan you start no matter if it's denied or they shop rates.
John Erickson
Hostaway Cost and experiences
23 February 2024 | 6 replies
John Erickson The reason HostAway doesn’t show pricing is because it’s flat rates per listing and gets lower depending on how many properties you add on.
Anton Ivanov
How I built a portfolio of 35 rentals and $10k+ monthly cash flow
23 February 2024 | 387 replies
Interest rates are also going up but we can assume that residential financing is all fixed rate?
Anthony Pantoja
HELOC for Investment Property
23 February 2024 | 2 replies
Try reaching out to guaranteed rate.
Catherine Frederick
Purchasing first condo but concerned with future negative cash flow
23 February 2024 | 7 replies
@Catherine Frederick, actual Angelino here...I think this is a problematic plan.Remember, whatever equity you create in two years, you'll need a cash-out refinance to access that equity, and cash-out refinance rates are higher than purchase rates.
Agustin Rossi
IRS rules: avoiding taxes on up to 500k profit
23 February 2024 | 4 replies
It can’t have been a rental before you made it your primary or you only get a pro-rated tax exemption.