Kelly Farmer
Ohio Cashflow and Oz Realty Review
My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $1...
Bruce Scannell
Real estate annual tax percentage
I'm wondering, with all the tax benefits to REI, what is everyone seeing as their annual tax responsibility? I know everyone will have something different, but I'm currently a W2 employee paying high tax and am trying...
Jeff Tumbarello
IRS Taxstats 2009
The 2009 summary of US income and taxation
http://www.irs.gov/pub/irs-soi/09in11si.xls
To balance just one year's Federal budget, everybody's income tax would have to AVERAGE 50% to just break even with spending. T...
GR Pachmayr
Flood Insurance
Hello,I received a notice from my mortgage company that they are requiring me to get flood insurance because my duplex is now in a flood zone due to some recent change at FEMA. I contacted my insurance company, and t...
Kenneth Garrett
The best of Passive Income
The boring aspect of passive income is consistent and slow. It’s not glamorous. It’s not full of HGTV shows. It’s the slow methodical system.Why would someone want to be a landlord? Well good question. There are ...
Roger Reyes
New to Rural Property Ownership / Investment
Investment Info:
Other buy & hold investment
Purchase price: $190,000
Cash invested: $60,000
17 Ac (Unimproved Land)
What made you interested in investing in this type of deal?
Average sel...
David Mcginnis
Effect of depreciation recapture on UDFI calculation
I'm thinking about investing in some leveraged syndications in my SDIRA. The deals typically take full advantage of bonus depreciation, so my basis is substantially reduced during the first year. I'm not concerned wit...
Devin James
Key takeaways from the Southeast Build-To-Rent Summit
Key takeaways from the Southeast Build-To-Rent Summit today held by Bisnow1) Peter Michaels - BTR Rental Premiums Compared to Garden-Style Multifamily:- Townhome BTR: 10% rental premium- Single-Family Attached: 15% re...
Bariso Sora
Cash flow area in Phoenix
Hi BP Family,I need your help. I am ready to invest in real estate in Phoenix area specifically in multi-Family. What neighborhood is good for cash flow?My investment criteria Cap rate min 6%Cash on cash return: min8%...
Miguel Nava
Are Cleveland (Area) Investors About to Get Hit?
As I understand, Cuyahoga County is reassessing property values. Does that mean many of the people investing in the Cleveland area are about to have their cash flow reduced by a big chunk, or even wiped out? It sounds...