My partner and I have an LLC in Ohio, and we own a commercial property that we rent to tenants. We have a mortgage on the property, which will be paid off in about 6 months.  We bought the property during a peak in t...

Doing a cash-out refi. The lender said terms would be more favorable with taxes/insurance put in escrow. Sounded good until the paperwork showed that 11 months of taxes and 10 months of insurance would be included in ...

I just bought my first multifamily property and I have been thinking about how to maximize my tax benefits on it. If i can write off property management fees as an expense, can I pay myself (either as a sole proprieto...

Hi Community Newbie to the community looking to get started in rental properties.  I've heard of people using rental properties to lower their taxable income but I'm not clear how this is possible.  From what I'm gath...

I’m new to investing and I’ve been hearing cash flow is tax free. I can run the numbers for NOI-depreciation and this holds true, but not all of the operating expenses are deductible (or at least maintenance, vacancy ...

Does anyone know if the property tax rate is showing a higher rate than the amount of purchase if it should be reduced to the actual purchase price?   I haven't been able to get a good answer from the county and was h...

Anyone who invests in Kansas City has to know that Jackson County has outrageously jacked property taxes through the roof. I recently got an op-ed published in the KC Star refuting all of the pathetic attempts to rati...

Hey everyone, my aunt is selling me for house for me to turn into a rental property. A mentor suggested her gifting equity to me instead of just selling it for a lower price. This way I’ll immediately have equity as w...

Hello everyone,I am seriously considering becoming a landlord, and recently I started looking at the "starter" properties nearby. Found a three-unit property with the asking price of $150k, property tax of about $7700...