Hello BP!I'm running the numbers on my first potential investment and am at an impasse regarding property taxes. With current rental rates and property taxes it seems impossible for me to cash flow unless I have a $10...
Hi everyone,I am looking to purchase a multi-unit property in Chicago and am currently analyzing properties. Since the home prices have increased significantly in Chicago, I want to understand how to estimate my futur...
I am looking to do my first flip and trying to get a sense for how best to realize my expenses for capital gains as a DIY flipper. As a DIY flipper my labor/install expenses are significantly less than a flipper that...
I have a question about wholesaling. If I structure my deal with an assignee or do a double close on a deal, is there any way that I have to pay a capital gains tax? Or is it straight income tax? I have an LLC set ...
Hello, We have been thinking of moving to the Austin area from Bay Area California but we aren't ready yet to move out. We thought of buying a place in Austin suburbs and renting it out initially and later on (5+ year...
I’m looking at several properties in Jersey City - more towards the Greenville area but also considering Bayonne as well. I’m wondering how I can figure out what my future property taxes may be?I’m seeing places in th...
I'm a new investor considering a BRRRR strategy in and around San Antonio, TX. Locally total tax rates are around 2.73% (example $284.38/month taxes on a $125k house). This makes cash flow very lean. Any tips or sugge...
Hello BP Community. I am currently looking into a mobile home with land. The seller is asking for about 3x more of the price than what the Property Appraiser Tax website shows for the Assessed Value. I know the market...
Do you own a vacation rental or STR in Colorado? Your property taxes might be going up if a new plan passes.The legislative proposal -- which passed a key legislative hurdle yesterday -- would classify short-term rent...
One thing in specific will probably jump out at you (I won't say what it is!) as being "out of whack". I also plan to self manage, then probably sell after two years to avoid capital gains. This property is 60 years o...