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About to deep my toe into the market, however I would like to seek a little wisdom from persons whose recently invested in the Orlando area in regards to short term vs long term rental.
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Hi,I am registering a new LLC in MA to manage my real estate investments. There is a section that isn't clear to me:"Register with the Massachusetts Department of Revenue. State law requires your LLC to register with...
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I am new to the multi family investing business. I was wondering how much cash should I put aside for taxes? We don't have a state tax so should I save 20% for federal taxes?
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Here's a question:
When home prices were going through the roof, property taxes (which use home sales as drivers) were increasing as well, in some areas, by a lot.
The...
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So I found a way to avoid the double transfer tax by utilizing 1. an option contract 2. a notice of option contract and 3. an option termination agreement instead of a purchase agreement with the seller. You act as ...
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Last year, I was living in my primary residence and working on a flip for much of the year. Since I had a house that wasn't generating any revenue, my DTI was about 55 percent, as shown on my 2020 income tax returns. ...
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I am looking at buying a large commercial property 20k sqft building with 2 retail spots attached and a studio apartment attached as well. My question is for taxes and insurance. If I buy the property and rent out eac...
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Hello,My husband and I are first-time investors and are considering buying a STR property in Three Rivers, CA, near Sequoia and Kings Canyon National Parks. I searched on the forums, but any post I found about that ar...
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Are pre-closing on a great property that is in a college area of a bigger city, rents for $3000/mo and after all expenses are accounted for will net around $1200/mo cash flow. The question is, how to set this up prior...
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Hello, my name is John Wheeler and I am wanting to invest in a beach house STR in Texas. I’ve started reading books on STR, does anyone have any other recommendations on education? Also, if anyone has any information ...