Lisa Rider
End of Eviction process in PA- Request for order os possession
19 May 2024 | 2 replies
Your cost to attend court is a tax deductible expense but I don't believe it is something that can be added for the judgement.
Anthony Alexander
Options for pulling equity out of rental property for purchase
18 May 2024 | 4 replies
I'd rather not do an entire cash-out refi because I have a much better rate on the property than I could get today.With a 70% LTV planning factor, I'd still have plenty of room for the cash I'm looking for to make the down payment (~125k).Thanks for any help/advice!
Diana Lee
Airbnb Arbitrage in the Bay Area
18 May 2024 | 5 replies
But depending on when you bought your house and your mortgage rate, it might be possible to convert it into an STR with enough cash flow to more than cover the cost of renting another dwelling as your new primary residence.
John C.
New to Investing and Trying to get Started in Multifamily & Other Like Investments
19 May 2024 | 7 replies
I have a lot of investors that buy in TN for example and the taxes in some counties are crazy low $400-$600 annually.
Account Closed
Seasoned Real Estate CPA Expert Answering all Questions on Investing Tax Strategy
16 May 2024 | 1 reply
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and handling multi-entity structures.
Sabrina Flores
Real Estate Investing Techniques
17 May 2024 | 5 replies
The program looks at location, property value, amount owing, interest rate, taxes, insurance, rents, condition, etc and several exit strategies.When we make an offer to buy, we can offer cash, subject to, wrap, seller financing, lease option, seller carryback and so on.Obviously if we wholesale the property, there is no carrying management needed, and if use a lease option to sell, the optionee is responsible for maintenance and repairs.
Carl Gryska
Reverse Mortgage Short Sale
19 May 2024 | 11 replies
Also, for a situation that owner simply refused to pay insurance/taxes and let it go foreclosure.
Nate Moross
Taxes On Credit Card Debt As Investment Funds
16 May 2024 | 1 reply
Hi guys I have a tax question even though its not real estate related i'm sure someone knows the answers i'm looking for.
Dan C.
Cleaning Fee for Slow Season and Short Stays
18 May 2024 | 14 replies
Obviously, lowering the fee and raising the rate is an option but that feels a little bit like spinning my wheels.At some point, if I'm dropping my rates far enough to compensate for a high cleaning fee, we get into the conversation of "is it even worth it to rent it at this rate and risk property damage, 4 star review, etc".
Tara Montgomery
Cash Out DSCR Refi Inquiry
18 May 2024 | 11 replies
You can imagine this can swing interest rates on refinances significantly dependent on the extent of that score discrepancy.