Eric Lilly
NOI not including Mortgage and Property Taxes?
Hey everyone!
Sorry if this is a boring or simplistic question, I'm wrestling more with understanding the concept or reason for this. I'm currently reading "What Every Real Estate Investor Needs To Know About Cash F...
Dan Keem
Exit strategy for 1031 exchange
I hope this finds you well! I have a scenario I would like your input.
I have had a rental property for 10 years. I want to access cash by selling it except there’s a big capital gain on the investment property. So i...
Dan V.
Pros and cons of non-occupying co-borrower
What are the pros and cons of being a non-occupying co-borrower? Planning to help my dad buy his first property but he has low income. Thinking of buying a property close to his work and house hack it. Both of our na...
Jason Mergl
What to do with my Equity?
I'm seeking advice on how to best utilize my equity across multiple properties. Below are the details of each property, including purchase price, current estimate, and equity, along with their respective cash flows:Ho...
Nathan W.
Tax Implications of Crowdfunding
Crowdfunding has me really excited. The ability to invest small amounts of money in a lot of different deals is appealing.
Does anyone understand the tax implications of these deals? For example, I live in Te...
Mary Schlabach
Looking for advice regarding CPAs
What questions do I ask a CPA or CFP? I have been questioning our current tax preparer for a while now. We were notified less than a week ago that our 2020 taxes are now done! Why has it taken this long? I realize 202...
Gordon D.
Taxes in Florida for OOS investor
Hello,I live in NY, I purchased a second home in FL in Aug 2018, I rented it out in October 2018. I did my taxes for 2018 back in March of this year and it just dawned on me that I didn't file anything for Florida (Ju...
N/A N/A
Rental Cashflow/Profit Worksheet?
I saw in a book sometime in the past that had a worksheet to help determine if a rental would be profitable or not. I cant seem to find it.
Does anyone have a worksheet that they use to determine if the numbers work...
John Richardson
40k Cash but no proof of income. Been working abroad for past 5 years
Well I'm moving back to the USA soon and would like to buy a fourplex for around 200k with a 20% down payment. However I have been living and working abroad for the past 5 years and have no proof of income in the USA...
Brandon Hall
THE Thread on the Final GOP Tax Bill - Q&A
Happy Holidays! As of today, the House and Senate have sent the GOP Tax Plan to the President to sign into law. I've seen numerous threads popping up about the GOP Tax Bill. I wanted to start a thread to consolidate q...