Hi group, does property tax stay the same when purchasing a property in Cleveland under an LLC from an individual owner or does it fluctuate and how?
Thanks in advance.
For the flippers do you just pay the capital gains on your profits or is there a way to do something tax wise that works much better??We usually buy and hold for rent but looking to flip a couple homes and looking for...
Hello BP nation! My question for BP nation is what is your day job? Although we would love to be, most of us are not yet full time investors. As I grow older and try to figure out the direction of my career, I love ...
Good Morning All,I am currently looking for a real estate agent that is familiar with the VA Home Loan and the Tax Exemptions to Disabled Service Member, (Currently a 70% disability rating). I am looking to HouseHack ...
Receiving a cash out loan on an investment property can be a very confusing item. This post is designed to bring some clarity to taking cash out of a property with a conventional loan and help you navigate the someti...
Hi everyone, I am aware of a suburb of a top 5 city (though I suspect many cities are similar) that was primarily a bedroom community but in the last 25yrs significantly built a tax base upon office space. They now ...
Hello BP members!Here is a break down of the properties that I own and how much I have left on the mortgage:Primary Resident250k 3.375% 30yr fixedInvestment Property50k 4.25% 15yr fixed110k 4.375% 30yr fixedMy questio...
Hello, I know I need to speak to my accountant for specific advice on this, but looking for opinions. I currently invest in my self directed brokerage account. I am planning to sell and use the proceeds to purchase a ...
I own several rental property and I am of course taxed on the rental income as my regular revenues.If I set-up an LLC and place all those properties under, would I have a reduced tax rate?
Newbie question here: I'm looking to buy a Class A triplex or quad within 10 minutes of my house and doing property management and maintenance myself. I live close to a large university. Of the 20 recently-sold small ...