Jacob Kurian
Property Tax Increase
Hi, I'm a new investor. We purchased a new build home in San Antonio last year. Our Bank has informed us the taxes for the first year were on the land only, but now it will be on the home as well as land for this curr...
Kenny Tan
Year-end strategy to lower taxes for landlords
I sold a rental house in 2015 for a 55K gain (after subtracting costs of sale, upgrades, etc). Depreciation recapture was painful. When I finally got a TurboTax Premier and modelled the sale, I was surprised the gain ...
SHAW ALI
IS THIS FEASIBLE? ARE THE NUMBERS REALISTIC?
Example:1. Seller owns an investment house FREE and CLEAR. 2. Seller bought house 6 years ago at $350,000 as investment property.3. Market price now $550,000 4. Seller refi's at 70% LTV = $385,000, 30 year at 5%; PM...
Jarred S.
Calculating Equity
Recently, I have been doing calculations to help myself decide what a good deal would be on a few different homes. While calculating total return on investment I noticed my calculation of total equity accrued in one y...
Alvaro Giraldo
Liens violations and Taxes.
Came across a property from a motivated seller. It has been vacant and abandoned for 10 yrs. The property is appraised at 70k. It has a balance of 43k on delinquent taxes. I'm looking to wholesale it. The seller has a...
Emily B.
Run-down property owned by Salvation Army
I've been taking the advice to look for distressed or run down properties in good neighborhoods and I came across one today (I'm looking for potential buy and holds or flips).
In doing an initial search in the publi...
BW Miller
[Calc Review] Help me analyze this deal in West Chester PA
Hi - completely new to the game of rental real estate. Although I'm not targeting this particular area or home type, I'm looking into it because I have an angle on the homeowner. However, I can't make these numbers wo...
Bruno Araujo
DSTs, Taxes, PPMs & Raising Capital
Hello all, I am a general partner in apartment syndications and have a tax/legal question. Many in my investor network have indicated that they want to sell their rental properties, and move those funds into our deal...
Account Closed
Strategy Help Needed
This may be a long post & will apologize in advance for that but think its important to understand what I am trying to accomplish (goals) and what I have to work with (assets, experience, etc) to achieve these goa...
Joaquin K.
Cost Segregation Calculator?
I am familiar with the basics of cost segregation. I know that recently the market for reports has become much more competitive, and prices for these engineering reports have fallen. I'm in Southern California.As an...