Jared Haxton
Setting Up and Marketing 4.25% Seller Finance Deal
17 January 2025 | 7 replies
I’d love your input on whether this deal could appeal to investors and how best to structure it.Property Details:Worth: ~$300,000HOA: $273/month, Taxes/Insurance: ~$170/monthCurrent Rent: $1,880/month (long-term); next tenant advertised at $1,950/month.Mid-term rental potential: ~$2,400/month (I haven’t tried this, but it’s my estimate).My Financing Idea:Large down payment: ~$125,000 (This is my priority to reinvest elsewhere).Seller-financed balance: ~$175,000 at 4.25% for 30 years.Buyers take over taxes, insurance, and HOA.Questions:1.
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
These folks also tend to have all of their income and expenses going through a separate bank account so they just need to look in that one account to get everything organized.Self Managed, High Volume, Not Organized at all - this is the type of people that stress out over tax season.
Dina Schmid
Misreprentation (or error?) of Lot Size, City and Zipcode on MLS
28 December 2024 | 11 replies
I asked for a retroactive refund plus interest for the 40 years of over taxation.
Tony Thomas
Should I start a property management company?
24 October 2024 | 12 replies
I often see investors obsess over tax advantages and tax strategies and lose sight of why they are making the underlying investment or whether the operational decisions are sound.
Ari Lagunas
First Time Investment Property Strategy - San Diego
16 October 2024 | 13 replies
With conventional financing on a primary residence, you can put as low as 3.5-5% anyways.LLCs are more for liability protection over tax purposes.
Jeremy Medina
Tax Pro Advice
17 July 2024 | 4 replies
Towards the end of last year I used the BP tax pro finder and began working with a tax pro in January to file 2023 taxes and go over tax strategy.
Carlos Ptriawan
as unemployment would be 100% going up next year and higher chance of recession
20 June 2024 | 245 replies
Maybe in over taxed and regulated areas like California where many people are moving away from.
Nick C.
Amend Return or Utilize Carry Forward
26 May 2024 | 8 replies
I also received a 1099-Misc and 1098 from Capital Square along with a document titled Important Tax information which included a letter calling out the Cost Segregation Study, an income statement and balance sheet.My 2022 taxes were done by a different firm and this year, they "partnered" with another company who took over tax preparation.
Marcel Johnson
Air BnB Rentals in LA (Are they here to stay?)
24 May 2024 | 5 replies
@Marcel Johnson @Rick AlbertOn Tuesday May 14th we're hosting a meetup in LA which will feature a guest speaker, CPA Edward Markaryan, who will be going over Tax Strategies for Short Term Rental owners.
Kim Leduff
STR home Insurance requiring Form D-1 b/c insurer is not licensed in State of CA
10 May 2024 | 8 replies
@Kim LeduffOn Tuesday May 14th we're hosting a meetup in LA which will feature a guest speaker, CPA Edward Markaryan, who will be going over Tax Strategies for Short Term Rental owners.