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I have a 50 unit that was managed by a property management firm for the last 2 years and we just recently transitioned to a new firm. A few days prior to the transition and since the transition we have discovered the ...
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What determines the amount that can be depreciated in a property? (tax assessment, loan amount or some other factor)
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Hello Guys, with 150k in cash. Should I buy one property (no mortgage) and rent it for a total cash flow or buy 3 separate properties (with a mortgage) with a partial monthly cash flow? Thoughts? Recommendations? Idea...
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I'm about to take over property management for a property that my father-in-law owns and will be fixing it up and renting it out as a vacation rental. I'm looking for good recommendations for how to set up a separa...
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As a beginner in Wisconsin trying to do it right, when doing property analysis, what do you folks typically use (can be a range) as a rate for legal fees for a buy and hold property.
This is obviously going t...
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Hello,
I am trying to figure out the capitals gains we would incur on the sale of a secondary home on the Jersey shore for tax strategy purposes. The property has been in my family for 4 generations, so the value of ...
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Creating a successful budget for your rental properties is essential for managing your business effectively. Here are 5 tips for creating a budget that will help you achieve your business goals:
đŸ’° Identify your incom...
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I currently have a American Express money market account that pays .9 APY. Is there other safe FDIC insured money market accounts that you can recommend and trust which pays atleast .9 APY or higher?
Thanks.
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Hi everyone! Â I've been hearing that Memphis, TN is a great place for high cash flow rentals. Â Some multi-units I've seen for sale seem to be in areas with a bad school district and high crime, but the cash flow does ...
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I want to convert my current primary residence to rental and sell my current rental to buy a new primary -how can I shelter the profit from my current rental sale?