Hi all,I know that property taxes in Las Vegas are about 1% of the taxable value of the property. Is the taxable value the same or about the same as the purchase price?Thanks.
Hello all! I've been reading on this website for quite some time and it is a treasure trove of useful information. I am posting this to try and help my mom make an informed decision about whether or not to sell an i...
Does anyone know what the taxes would be if the assignment fee is $5k? I haven't opened a business entity yet. Thanks
I have seen many examples of 'cash flow analysis' Rental Income minus expenses, mortgage payments, and expected vacancy rate (let me know if I'm leaving something out). However I would believe that the rental income i...
I live in Louisville, Ky, and I wondering what kind of taxes to expect on cash-flow from rental houses and apartments.
Hello everyone!I am looking for some help trying to wrap my head around the complexities (to me, anyway) of a partial 1031 with boot being pulled out. Here is the situation...Currently close to closing on the sale of...
I'm shopping for a property in Germany to rent out. Mortgage rates are very low here, around 1.5%, so I have somewhat of a unique situation where there isn't much loan interest to deduct from my taxes and of course re...
Okay BP family. I've funded my own portfolio since inception. Please help with the tax implications. I have made my LLC personal loans from myself with reasonable interest rate, amortization, etc. I understand the...
An obstacle I'm running into with building my portfolio after analyzing a potential deal is the very high property taxes, particularly on properties that have been owned a long time by the previous owner. Im.not certa...
I hear alot of people discuss ROI but nobody discusses what percentage of your monthly income you can actually expect to make it to your pocket/pay yourself from your LLC after expenses. If you have any insight thanks...