Sheryl Sitman
Philadelphia Property Tax Appeal Deadline
When I discovered the option to appeal property taxes every year for free, it saved me a very nice sum. But I was under the assumption for years that In Philadelphia, attorneys are only willing to handle appeals for ...
Michael Cooprider
LLC for Properties and S Corp for Property Management
Ok, I have 3 properties under my LLC, Wiregrass Property Investors, LLC (WPI). My wife and I are owners. We make $40,800 a year in rents, before taxes. I also have an umbrella policy to cover my personal assets.
I h...
Joe Mulcahy
Need help with first buy and hold offer accepted
Details: Cost of 3 bedroom townhome. REO property. 1500 square feet usually rents for approximately $1,100. Rehab under $5,000. HOA $80 a month. Taxes 2,500 a year. Insurance $100 a month. 20% down. Ques...
Sean L.
What other costs should I factor into a purchase
Hi All,When thinking about the upfront costs associated with an acquisition what expenses should I be aware of? As in, if I can secure 75% LTV/LTC financing should I expect my upfront equity to exceed 25% when account...
Ashley Chris
Expense Tracking software recommendation
How do you folks track various expenses (furnishing, food, payroll, local & air transportation, referral fee, licensing fee, repairs/renovation etc.)?Do you link business credit card (or bank account) to QuickBoo...
Jo Amick
Depreciation and IRS taxes on Sub-to/Lease Purchase?
Here's the deal: I am buying no money down, taking over payments on a sfr from an out of state seller and transferring deed to my LLC. I have a lease option buyer, so I am making about $200/mo spread between mortgage ...
Ryan Kenneth
Umbrella corp worth it?
Hey all, Up until now our rental properties were held in our name. As I'm scaling to larger buildings (we do buy and hold) I now want to incorporate for the tax savings and protection. I'm still very much a rookie whe...
Jennifer Gore
[Calc Review] Help me analyze this deal
Hi,I am a new member and watched David Meyer's webinar " How to Buy Multi Family Homes" yesterday. Can anyone give me some input on this deal? Thanks so much!View report
*This link comes directly from our calculators...
Trevor F.
Challenging Property Taxes
Hi Everyone,I own many single family rentals in toledo and i have never tried to challenge the tax assessment. Is it worth while to do? Does anyone know any attorneys or anybody that can do this in Lucas County Ohio w...
Arthur Willie
ASSIGMENT OF CONTRACT
Wholesaler has a property under contract for $65k the assignment fee was $25k making a total purchase price of $95k. I then rehab and sold for $132k. My concern is that the county recorder is showing that I purchased ...