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Hi, I'm planning to purchase my first house hack within the next year and was wondering what are some good monthly estimates to use for water, water/sewer tax, garbage/recycling, heat, etc during analysis.
I know fo...
Hi nationwide,
I read about this cash flow deal on your web site.
The new construction property is I believe 340K
Here is your run down:
Brand New 4-plex units under construction! Cash flow of approx. $649 per mon...
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Looking for feedback on this potential deal on a fourplex in my area.
Purchase price: $160,000
Gross rents: $2600 per month.
Principal + Interest: -$648. (20% down. 30 year fixed loan at 4.5%)
Expenses
T...
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Given the time of year, I am unable to seek advise from a local Denver CPA combined with living in Singapore have left me with an important question. Can profits from rent be used to paydown the loan on the same hous...
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Hey there, so I'm in negotiations with a seller of 3 condos for $105K. These are my numbers below...this is a 10 year balloon at 6% interest amortized over 30 years. At the end of 10 years I'd owe $80K (which I'll p...
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I called my tax advisor to ask how to use my business credit card. She is my wife's aunt and is not a CPA, but has being preparing taxes for the whole family for years and for other people, including some LLCs. I was...
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I’m setting up quickbooks and trying to figure out how to record a few things.
-Rent do I set the up as a bill or invoice?
-when the renter does not pay so I have to pay to cover the mortgage payment how do I record...
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Guys
I really need some advice here. In fact, if you have some time to chat over the phone, please PM me and I'll send you my number
I'm a first time home buyer and hoping for a future in real estate. I currently re...
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This is an interesting article which I think we all hope does happen so that our loan portfolios don't all default. Buy hey, if it does, some great bargains in a year or two....https://finance.yahoo.com/news/real-esta...
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I purchased a duplex in 2019. As part of the closing, I received a property tax credit of $3,000 from the seller for the time they owned the property in 2019. Should that be considered income?