I was talking to my dad, who is very skeptical about buying rental properties, and he warned me to watch out for the government raising the property tax after purchasing the property.He told me that in his current hom...
Hello! I recently had an appraisal completed on my primary residence for a HELOC. While she was at my home the appraiser said she also sat on the board for property tax reviews in my town. I thought this was a conflic...
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...
Dear All,Of late, I was thinking should I convert my Solo 401K trust(Pre-tax) to Roth IRA (Post-tax : 25%) and then use that money to invest in real estate. I did some basic calculations and found that I tend to gain ...
My mom owns 50% of my grandfather's estate. The other 50% was inherited by my mom's step-nephew after my mom's brother passed away. My mom's step nephew stopped paying the taxes and his 50% was sold to me at a tax ...
Hey guys,
I'm working on a case study for an apartment complex. There is a loss on sale in the first 4 years and then a small gain on year 5. The case study analysis shows an increase in sale proceeds after-tax, mean...
Hey guys,
I'm working on a case study for an apartment complex. There is a loss on sale in the first 4 years and then a small gain on year 5. The case study analysis shows an increase in sale proceeds after-tax, mean...
I’m trying to calculate my expected real profit vs the basic formula and seeing income tax taking a hefty chunk out. Is this right? Can you please correct me where I’m wrong? Simple numbers for sake of conversation ...
Hello all, I'm new here. I'm reading Real Estate By The Numbers and I had a question: I was reading about Taxable income, which is the amount a property will be taxed in a given year by using the formula [Taxable inco...
Should a potential tenants minimum income be 3x the rent, before or after taxes?