Keegan Darby
Math on a holding vs selling
We have a rental property that is now vacant in a C-class area. Monthly mortgage amount is $780/month (PITI). Market rent is $1,300/month. Loan amount left is $132,000.If we list it, we can sell at $205k and assuming...
Brittany Stradling
Are you seeing 2019 numbers?
Are people seeing 2019 numbers this year or is it just my property? My property is new and I'm not sure if this is normal. I evaluated the property based on an average of 2019, 2020, and 2021 numbers, so it cannot sur...
Jim Basar
Property Taxes Spike
Hi All, First time posting to BiggerPockets. I own a single family primary residence and a rental property, both in Cleveland, OH. One in Tremont, the other in Ohio City. I've noticed that going into 2023 my propert...
M Marie M.
2016 Real Property Discount Tax Sale
My local ANC sent me and my neighbors an email about the 2016 Real Property "Discount" Tax Sale. I only partcipated in the DC Tax sale once, had no clue what I was doing, bid angry, but managed to get a decent return ...
Sal Zizzo
Looking for a real estate tax pro in San Diego
Wanted to see if anyone could recommend a tax professional that specializes in real estate based out of San Diego
Steve Kirsch
calculating taxes for cash flow
Aloha BP family. When calculating cash flow on a prospect, since the rent revenue coming in is taxable, would I need to estimate with higher percentages for an expense than what is presumed? For example if I want to...
Andrew Ware
Expenses but pre-revenue
I don't know how to approach this. Let's say that I start driving for dollars this tax year. But I don't purchase a property or have any other revenue for a real estate business until the 2018 tax year (or even 2019...
Prash Manohar
Austin Tax Appraisal - Heart ache :( future strategy??
Hi All,This question might have been asked before. I bought my rental property in 2021 and was saved by homestead tax (previous owner had it) so ended up cash flow positive for 2021. However now for 2022, HS is no lon...
Mark Devereaux
Need some advice quick; tax returns vs listing information
I've been looking at a 16 unit building for a few months now. Price started at $440,000. The day it dropped to $300,000 I went to look at it and put an offer on it.
The seller represented the following in the listi...
Chris Seveney
Pennsylvania inheritance Law Interpretation
For those who invest in Pennsylvania, just wanted to post a PSABelow is a link to an article but to break it down in a nutshell:If you are a lender and the borrower is deceased and you foreclose on the property, the w...