I am doing numbers on a rental complex I am buying and just wanted to make sure my logic was correct. 1. These are rental duplexes. I assume depreciation 27.5 yrs. Also 35% tax bracket. 2. Assume home value is 1 Mill...
with the real estate market in its current decline i have been noticing that almost every house for sale is advertised at below apprasial value. how do can you judge if this really is a good deal. I cant really find a...
I am looking at taking out a 401k loan to give me enough money to put the money down and fund the needed rehab on an off-market property. The 401k loan max is $50,000, paid over 5 years, which is the amount I would p...
I have heard of a snowball strategy of paying off rental properties that can speed up the number of doors you can acquire over time. Can this strategy work with partners in which 2 - 4 people put in enough to purchase...
Hey Everyone!
Long time reader, first time poster and would like to first off thank everyone for the guidance and input shared on here, it's honestly been great.
My family and I all work in the energy sector and are...
Sale of Rental Office Building -want to eyeball these calculations -We are retired now, & our annual taxable income is 50k from the rental building & another 75 k from Investment Portfolio (Dividends + Cap gai...
Hey Everyone,
I own 5 investment properties. One house was paid off last year. What a great feeling, $900 a month income with no mortgage, pure joy. Well, the renter has inherited a large sum of money and wan...
Hi All!
I recently jumped on the SFR train and have since acquired my first rental and looking at a second rental. This rental happens to be located in Spring, TX East of I-45 near The Woodlands, TX. I have provided ...
I did a search of past posts on these numbers but the calculations used general terms such as "Annual Income" and "Sales Price". I hope I am not carrying this to the Nth degree, but I have a question or two to clarif...
Hello BP, I have this nagging thought in my head: will borrowing from one's 401k cause double taxation? Since it's being paid back with after tax dollars, then get's taxed when it is distributed at retirement.