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Hi all, my name is Mike Healey. I live in St. Louis and am looking to get into real estate investing. A little background: I'm 35, have never owned a home and have moved around quite a bit for work - DC, UK, and now S...
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I know in certain areas if there is no state income tax, then the property tax is usually higher. Should I approach finding the property tax as if it was a state with income tax? i.e. using the 10% rule to evaluate if...
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What does a good CPA cost when tax time rolls around? Now I already know that this is a "it depends" kind of situation and I understand that. I'm just looking to get a ballpark idea of what would be an insane number. ...
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Hello everyone!I was shocked to learn that the tax implications of flipping property in New Jersey could make it cost prohibitive (eat of most or all of the profit). Are there any New Jersey season investors that coul...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $64,900
Cash invested: $64,900
I purchased this property from Ohio Cash Flow turnkey on October 2019. 2bed/1 bath. ...
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Imagine you have:-$170k cash-No investing experience-Steady W2 covering all living expenses and providing $1,500 savings per monthWhere would you go and what would you do?
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Hi All,I am under contract on my 3rd acquisition in 2018, so I have yet to actually file a tax return with rental income on it. Is there a general rule of thumb for how much you actually pay in rental income tax after...
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I am a brand new member in Minneapolis, MN. I am in the "learning" phase of real estate investing and look forward to gaining knowledge and making my first deal in 2013.
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Hi. Accredited investor here, tech background. I live in a VHCOL area, and the prospect of investing in Brooklyn beyond my condo seems... unlikely. I'm heavily weighted into technology and cryptocurrencies and I'm loo...
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I have several rental properties in the Phoenix area. I want to discuss asset protection as well as tax & insurance implications for LLCs, possible Due on Sale Clauses (as most of them are financed), Trust options...