Hello! I am receiving conflicting information and am hoping someone here may have insight:I bought a home in 2000 for 133K. In 2010 I moved and rented the home out. I am now putting the house up for sale.1) When talki...
I am in the process of getting approved for a mortgage. My w2 income does not match the income on my 1040 form. The 1040 income is less than the w2. Is this something that they underwriter will question? Or will the u...
Looking to see how much in taxes I would pay to sell house.Paid=$123kSelling=$180kOwe=$89kLocated in NCOwned house 16 years but have not lived in home in over 6 years.Got ruff estimate on how much in taxes I will have...
Wondering if any investors are investing their cash flow to maximize the return they get on their money. I'm not currently living off my cash flow and would like to invest it in something liquid, and relatively safe ...
What percentages do you NEO Investors typically use? Price Points are 40k-90k. How much will these expenses run me on average. What is playing it safe?
CapEx, Vacancy, and Repairs. Or any other misc expenses.
Fourplex foreclosure. Asking $194,900. Taxable Value (PVA website): $243,000. 5,000 square feet. Built in 1999.
Purchase Price (conservatively): $194,900.
Down Payment @ 20%: $38,980
Financed Amount: ...
Things have been slow trying to build my real estate portfolio through single family and small multi fam. I'm looking at a lot of opportunities, but after I run the numbers, I'm not really finding decent CoC returns a...
So I know the answer to my question is "ask your tax person", but I asked my tax lady and the info I got back doesn't jive with what I've heard and what I've read about so I'm asking you all. No need for specifics.Ok....
Hi All, First time investor and a newbie here. I am looking at a property in Jarrell, TX for approximately $225. But when I crunch the numbers, it doesn't sound too great. I got the excelsheet from VIP financial onlin...
I did search BP on this topic. Apologies if I missed a thread! I am almost an expert in RE taxes and self file. Just currious re any unforeseen issues with foreclosing the note AND getting the property back with F...