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Hello - I've been a member of BP for many years, but have never had an investment, until now. My husband and I are ready to rent out our townhome that we have lived in for 16 years, but still need a little guidance. ...
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As far as running your numbers for small muliti's (2-4 units) do you use the taxes listed on the MLS? I'm getting mixed up between what's on the MLS listing and what is on Zillow, Trulia etc. How do you guys calculate...
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I am looking for any advice or info on how to correctly calculate long term capital gains taxes for a property owned for more than 2 years. I know this will vary dependent on tax brackets. I was looking for calculati...
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Hello Everyone,I've been thinking of integrating a rental property into my income stream for a few months now, and it seems that a unique situation has appeared that I may be able to take advantage of. Currently I run...
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Hi all,I've been wondering- so many times I'll find online what seems to be a great property, but the property needs some rehab. As I definitely don't have the time or money to hire a home inspector every time I'd lik...
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Hello. I own an inherited property in Florida. I inherited it in 2010 at a value of 192K, 10 years later the house is valued at 439K. How can I calculate the capital gains tax?
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Hi Everyone,
Haven't posted on here in a bit. New to wholesaling. Still working on first deal.
This is for a townhouse:
Comps show 115-125k (6 months back w/in .5mile) ~120 conservative.
Tax value is 95k.
P...
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I have an open staircase with mono-stringer and thick wood treads going in my new build. My architect provided some treads on the drawing which I took as gospel, now that I am ordering I am trying to verify everything...
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I'm in the process of buying a SFH. The previous owner was a senior woman who filed for a homestead deduction as well as one for seniors which resulted in her property taxes to be only $11 a month!!! Wow that's LO...
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