Costin I.
How is rental income taxed?
In my planning for retirement, I estimate my family annual expenses to be about 100K. I want to know how much do I need to clear in rental income to be able to cover that.
Obviously, the depreciation should make the ...
N/A N/A
Minimum monthly profit
What is the minimum monthly profit you look for in a rental property?
I am looking for $400 a month on a duplex, is that reasonable?
What other ways can you benifit from a rental property?
Tim Porsche
My Planned 5 Year Path to Financial Freedom
Hi All,So below is my five year plan to reach a state of financial independence, where all my bills can be paid with (semi) passive rental income. Would love to get your opinions on how doable you think it is, or if y...
Mike S.
Strategy: Hold vs. Sell
I would like to get everyone’s thoughts on hold vs. sell. I have a property that generates a 20% CoC currently that I bought 2 years ago. Over the same time the property appreciated 30% and I can sell it and make a 2....
Frank S.
Spreadsheets: Should depreciation and taxable income be included?
Like many of us, I have created my own spreadsheet calculator to analyze multi-unit properties. I am struggling to understand how depreciation and taxable rental income should be calculated in the spreadsheet.As I cur...
Marita Jojo
Should we consider refinancing in this condition?
1st LLC - 12 Properties 7 properties - Loan with Bank A5 Properties - Bank B refused refinancing as overall tax return shows loss last year due to properties under construction2nd LLC - 7 Properties 7 Properties - No ...
Kurt K.
"reverse balloon" payoff preference?
Hey everyone, please feel free to "poke holes into my thinking" or tell me if this sounds good.
I am 1 year into my 10 year balloon. I fully planned at the start to have the property paid in 10 years. At ...
Marc Roberson
Can't get answer if house is clear of lein after tax sale
I am in Butler County, Ohio. I know that with a foreclosure sale, there is obviously still a lein. However, and after exhaustive phone calls to the county SO, Clerk of Courts & auditors' offices, no one knows or w...
Lisa Forde
short term tax (selling property in 5 month after purchase)
Hi everyone, I have quick question, bought a propoerty on 03/2018, ever since then I have a lot repairs and is not cash flowing, will there be any short term tax involved if i want to sale now on 08/2018Thanks
Paul OConnell
How quickly can I refinance after a tax deed auction?
I am considering purchasing a property at a tax auction in the next couple of weeks and I am wondering if anyone has any idea when I would be able to finance the property. In the State of Michigan, I am required to p...