Tim Kaminski
Rule of Thumb for Estimating Costs Selling?
Have never sold a property but I get offers quite a bit. Most claiming to cover closings costs/sellers cost. Is there a general rule of thumb for what to expect to pay in fees/taxes when selling a property? I have hea...
Adam Gonzalez
Are These Standard Airbnb Regulations?
Hey Everyone! Newbie here. I am currently doing some Airbnb market research. I have found a few towns that have some regulations but as newbie, I have little insight as to what is reasonable or unreasonable. For examp...
Tina Lee
WY statutory trust for exemption of CA franchise tax
I'm a WA resident and own one property in CA. Anderson Advisors has formed a WY Statutory Trust for me for my property in CA. I don't know what to do next. My property manager is still taking out Franchise tax mont...
Dan Turkel
Taxes in Springfield, Missouri
What type of taxes are typically charged on rental properties in Springfield, Missouri? Are there taxes other than a county real property tax? Is there a city tax? School tax? Anything else? I’m going to be investing ...
Nick Knoblach
Partnership Investing in Joshua Tree, CA
Hello BP,Myself and two others are investing in a new construction in Joshua Tree, CA that we will be using as a STR. Two of us live in Minnesota and the third partner lives there in California. I have a couple questi...
Paul Johnson
Owner signed contract now want more money
I'm in the process to purchase a 6 unit building. The owner signed the contract and i took contract to Title company with my $1,00.00 down payment. We got the estimated settlement statement and the owner wants to back...
Julian Inoue
Conventional Loan for an Investment Property - Lender Fees
Hi BP,I have a lender question I hope you can help me with. What should I expect to pay in loan fees when acquiring a loan for an investment property? I have great credit, zero debt and this will be my first conventio...
Justin Brin
For single home fix & flip what is the best source of funding?
For single home property fix & flip what is the best source of funding?
Account Closed
$9k for closing costs??? Lender / Broker Questions
So I'm going through escrow right now and realized I'm pretty sure I'm overpaying for the closing costs. I'm being charged $9,071 and through research, it says that it's usually $3.5-7.5k. The house was $90k. Is this ...
Korie Apgar
Income Tax Time for Landlords!
Looking forward to input on this. I would like to know exactly what is and what isn't a business expense at tax time (for an investment property) when it comes to the fees at time of purchase. These are the obvious:...