Hey Folks,I know that delinquent property taxes have a negative impact on an owner's credit score. But what happens when the property is sold at county tax auction? Will the auction will have a negative impact on ...
When investing in real estate, don't overlook local and state taxes. These can significantly affect your ROI. High property taxes might be offset by better rental rates, or vice versa. Research the tax landscape befor...
Hello all, I was considering a cost seg but my CPA is telling me that is it not worth it given the cost of my property. This seems out of line with what I see on social media so I was hoping to get some other folks th...
Hey guys,
From what I heard banks normally use your gross income to debt ratio to determine your borrowing power. If I depreciate property value on my tax return to deduct my net income, will that impact my mortgage ...
I have recently separated from my marriage partner and moved into a duplex that I purchased before marriage. This has all happened within the last 30 days. We have a HELOC that we qualified for together back in 2020 t...
So it recently occurred to me that I might be setting myself up for failure. Earlier in the year, I bought a new building, but instead of traditional financing, this time I used my HELOC to purchase it. The numbers ar...
Hi everyone, I am interested in tax planning strategy to lower my W2 tax liability and create investment opportunity through the use of creative tax strategy. Can someone offer me some suggestions?We can work with the...
I was just wondering everyone's thoughts on how the outcome of the election will impact small multifamily real estate?
Thanks!
AZ
Your tax bill ? What have you seen make the biggest impact ? As agents I think marketing and vehicles can be the biggest tax deductions can not ? But not sure wanted to see what everyone thought?