Hi there -- We're considering purchasing a vacation rental in coastal Texas as an investment property. Question: what is the best way to estimate daily rent rates and vacancy numbers? I suppose I can ask the seller fo...
I ran across an article (I think it was CNN) that made reference to some change to the tax code that was included in this new stimulus bill. Something about a change to depreciation limits. The article framed it as ...
With the current TCJA the estate tax exemption is 11.18 million (single) and 22.26 million (married). Any estate in excess of these thresholds are taxed at 40% in CA. For example, if you are worth 20 million as a si...
Opportunity Zones.
As I follow NREI ( National Real Estate Investor) Experts are predicting that Opportunity Zones are going to be on the top of HMW (High-Net-Worth) Investors list with multifamily, marijuana, retai...
Looking for attorney and tax advisor to help develop plan to address and resolve any outstanding tax debts. Also to navigate the legal aspects of purchasing a foreclosed home and resolving any tax relating issues. May...
if a property has a tax lien or a mortgage how would you close when assigning such a property? Are checks cut at closing?
So I found a property that have 3.5 acres of land. The house is great, I guess the 3.4 acres turn off a lot of investors.Would you buy it? Asking price is $48k. Can rent for $650. Need $5k cosmetic work. What I worry ...
As I understand, Cuyahoga County is reassessing property values. Does that mean many of the people investing in the Cleveland area are about to have their cash flow reduced by a big chunk, or even wiped out? It sounds...
Hello
I own a few rental properties in B and C class neighborhoods. I've purchased the properties at low price points so they have minimal debt service. My dilemma is that a good number of them are section 8 renta...
My wife and I keep our financial accounts seperate, and simply share a mutual credit card that we equally contribute to for mutual expenses (mostly groceries). I purchased 2 houses with my own finances in 2017, which...