Timothy Daniels
Sell or hold?
March 2014 I bought 10 studio/one bedroom condos for 490k total. They are producing about gross 130k on vacation rental market. Thinking about switching to residential rental, which would gross around 84k pee year, b...
Aaron S.
Co-Ownership and Taxes: Who gets to claim mortgage interest, depreciation etc?
In 2022 I bought a single family home with a VA loan. I house hacked with my partner paying half of the monthly expenses. We also had 2 roommates and we split the rental income from them every month.After a couple of ...
Michael Garofalo
Washington DC Tax Question-Form D-30
Hi everyone,I am an investor in Washington DC, and currently have a single-member LLC that is treated as a disregarded entity for federal tax purposes. My question pertains to local business taxes in Washington DC. I ...
Daniel Miller
Houston Investors! Why is this Self-Storage Facility still on the market?
246 UNIT - STORE 4 CHEAP
6400 Eastex Freeway
Houston, TX 77026
It is currently listed by M&M. I understand that the expressway separates the facility from the traffic flow right in front of it...
Mary Jay
AGI, MAGI, ets-question for accountants
I have couple of question for accountants:1) Is there anywhere on a tax form that calculates your total income?Total income: from everything; from W2 + from rentals, + every other income , without any deductions. Ev...
Mark Beekman
How do they appraise multi-units?
I need a certified bank appraisal in order to get a mortgage ona an 8-unit apartment building. Anyone know how they appraise these? Do they simply appraise it by square footage and location like a single family home ...
Kalyb Coats
Been a while! Wheres my trailer park people.
I found a trailer park......18 spaces ......14 filled.. 2 houses on the property (not habitable) ...All the trailers are owned by the tenants. The spaces are renting for 200 a piece. Its on city water and sewer. I hav...
Katherine Madison
Overcoming DTI
My husband and I are forming our plan for rental property investing. We have the 25% downpayment for the first Single family residence that would allow a mortgage note of $1,050 per month and rent for $1750 and have ...
Dan Milinazzo
DTI & Timing Refi and HELOC
I looked at several prior posts, but did not see one with enough of the same variables. Hopefully someone can weigh in. I hold a primary and a 2-fam rental. I am looking to cash-out refi the 2-fam then pull HELOC fr...
Account Closed
Is it cashflow after tax or before tax?
If i want to calculate cash flow lets say its 1,000/mo but my Principal,interest,taxes,insurance is 500 so cashflow is 500$. But google says "its usually cash flow before tax" so do i include the taxes into my montl...