Hello BP- in the past year i have aquired a 2 family and am in contract on a 4-5 family, both in NJ. My question for investors in high real estate tax states such as New York, New Jersey, are you concerned what your r...
Hello Everyone,My friend's parents own a house free and clear with 100 acres of land. He father built the house, he is getting old and they can no longer afford the taxes of 10k a year. Does anyone know of a way to lo...
I am an investor in the NE Ohio area. We are buying a turn-key multi-unit property from someone who flipped it. They are currently paying pre-flip taxes. If we purchase the previous owner's LLC and have title remai...
Property Values : effected by GOP tax plan?
Hi,Situation is a property that I own outright, had roof damage and received an insurance settlement. Because of the circumstances, sold the property, the settlement will not be used to repair the property. Some of t...
I currently live in Illinois, Joliet to be specific and was wondering if Illinois as a whole is a tenant friendly state or are there some parts in IL that are landlord friendly?Personally, I'd much prefer an area that...
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I have been investing in VTSAX through a joint brokerage account. I'm debating if I should start maxing out a ROTH IRA or regular IRA in addition. From what I understand you can withdraw from a ROTH at any time, so it...
Hey ya'll, I'm saving for my first house (I'm tired of living in apartments for the last 4 years). I'm 27 and self-employed. I live frugally and I'm starting to research houses from $65-90k (70-75k would make me reall...
I am currently looking into buying a rental property. However I will pursue the deal that makes the most sense and wanted to confirm I am on the right track in regards to my understanding of tax write offs. I plan on ...