When analyzing a luxury short term rental (STR) vacation home for investment in today's mortgage rate environment, the ROI & margins can be extremely tight. Investors that are looking to offset their investment co...
If a plan passes where the government shells out a bunch of money to write down principal and adjust rates to get people out of trouble what will happen to the rest of us?
Lets assume that for every house that has st...
I just finished reading this blog post here on BP:https://www.biggerpockets.com/renewsblog/2014/04/2...Point number 3 really caught my eye:Challenge Your Property Tax AssessmentHere is what it says:"I do this on just ...
As I accumulate SFHs for passive income, I'm wondering if I need an accountant. I've always done my own taxes (including a single rental) using TurboTax. I'd love to hear folks thoughts on the pros/cons, especially ...
This is just a reminder that the dead line to file a complaint in cuyahoga county against the valuation of your property is 04/02/2018. Also, if you are looking to purchase any rental properties, you might want to con...
Has anybody ever hired a lawyer to reduce their property tax burden ? St. Louis is jumping and I don’t want to decrease my cash flow for property taxes. Anybody know a lawyer who does this for residential SFH ?
Hello BP friends! I was wondering what would be the pros and cons if you help a a trusted friend to cosign a home loan for their first home purchase. I am still actively looking and purchasing investment properties. ...
Politicians are again talking of eliminating the 1031.Does this change anything for you? Does that just increase your hold time, so decreases real estate activity?Do you sell/exchange anyway and just pay the tax man...
I am looking for some help to clarify the way that income reported on my taxes will affect my debt to income ratio? It is my goal to minimize my income as much as possible using legitimate expenses and depreciation e...
What would be the best strategy for helping someone in pre-foreclosure? I have a property deal in which the sellers are a year behind on payments and owe the bank $25K to catch up payments. They also owe the HOA. Ther...